Wisdom Wealth Resources Investment Holding Group Limited (7) Announces Shareholder Open Letter and Continues Trading Suspension

Bulletin Express
2025/10/28

Wisdom Wealth Resources Investment Holding Group Limited (7) released a voluntary announcement referencing earlier disclosures regarding delays in the publication of financial results for the year ended 31 December 2023 and the interim results for the six months ended 30 June 2024. The company also cited prior announcements on Resumption Guidance and quarterly updates from July 2024 to September 2025, as well as details on auditor changes and litigation matters released between November 2024 and April 2025.

An open letter dated 27 October 2025 from certain shareholders expressed concern over the long trading suspension. These shareholders emphasized that the suspension stemmed not from business failure but from delays in resumption approval, with share value effectively locked. They stated confidence in the company’s stable operations, sufficient assets, and corporate governance, urging the regulator to allow resumption of trading to safeguard shareholder interests.

The company indicated satisfaction at shareholders’ proactive efforts to highlight the detrimental effects of extended suspension or potential delisting. Management reiterated that it has addressed the Stock Exchange’s concerns in submitted materials, hopes the Resumption Guidance can be deemed fulfilled, and intends to seek professional advice to protect shareholder interests.

Trading in the company’s shares remains suspended since 2 April 2024 and will continue until all resumption requirements are met. Shareholders and potential investors are advised to exercise caution in relation to any dealings in the company’s shares.

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