Strong Petrochemical Holdings Limited (852) has released an update regarding its 2024 interim dividend payment and the suspension of trading on the Hong Kong Stock Exchange. According to the announcement, the company has decided to further postpone payment of the interim dividend for the six months ended 30 June 2024 due to the ongoing investigation into various matters and the associated discussions with the Stock Exchange. The expected payout date is now targeted on or around 30 June 2026, contingent upon the findings of the investigation meeting the Stock Exchange’s requirements and the publication of all outstanding financial results.

The announcement also confirms that trading in the company’s shares, which has been suspended since 9:00 a.m. on 31 December 2024, will remain halted until further notice. Management has indicated that active dialogue with professional advisers continues, with the aim of fulfilling the Stock Exchange’s resumption guidance and ultimately restoring share trading once compliance with all relevant regulations is achieved.

Shareholders and potential investors are advised in the statement to remain cautious and watch for further disclosures from the company regarding its efforts to address the outstanding matters.