Carmen Century updates on executive shortfall, NAV at HK$0.30 per share; trading to remain suspended

Bulletin Express
03/30

Carmen Century Investment Limited released an update on 30 March 2026 detailing its ongoing efforts to satisfy Hong Kong Stock Exchange (HKEX) resumption requirements after trading in its shares was halted on 30 June 2025.

The company’s core challenge remains the absence of a qualified executive director, a breach of HKEX Listing Rule 21.04(1). Management has advertised and leveraged industry contacts but reported “little positive feedback” to date. Carmen Century targets a further progress announcement around June 2026 that will also address compliance with Rule 3.05 regarding authorised representatives.

Operationally, the group reported no material transactions in its listed or unlisted investment portfolio since the suspension began. According to unaudited figures, consolidated net asset value stood at approximately HK$0.30 per share as of 28 February 2026, unchanged from the figure disclosed on 13 March 2026.

Trading in Carmen Century shares will remain suspended until all HKEX resumption guidance is met. The board cautioned shareholders and potential investors to exercise prudence while the suspension continues.

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