Blue River Holdings forgoes review of Listing Division decision; share trading suspended from 7 May 2026

Bulletin Express
05/07

Blue River Holdings Limited (Blue River) disclosed on 6 May 2026 that its board will not invoke the right to have the Stock Exchange of Hong Kong’s Listing Division decision—relating to non-compliance with Listing Rule 13.24—reviewed by the Listing Committee. The deadline for requesting such a review was 6 May 2026.

The board cited professional advice, timing constraints and prevailing market conditions as key factors behind the decision. Management acknowledged shareholders’ disappointment but stated that resources will now be channelled toward reinforcing operational fundamentals, pursuing sustainable business opportunities and working toward re-compliance with Rule 13.24.

Consequently, trading in Blue River’s shares (stock code 00498) will be suspended from 9:00 a.m. on Thursday, 7 May 2026, and will remain halted until further notice.

The current board comprises Executive Directors Benny Kwong (Chairman and Managing Director) and Au Wai June, alongside Independent Non-Executive Directors Yu Chung Leung, Lam John Cheung-wah and Liu Jianyi.

Blue River intends to release additional announcements in accordance with Listing Rule requirements. Shareholders and potential investors are urged to exercise caution and seek professional advice regarding the implications of the suspension.

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