DREAMEAST (00593) announced that the company hereby notifies shareholders that it has submitted a resumption proposal to the Stock Exchange, seeking to resume trading of its shares. The resumption proposal sets out (among other things) the actions taken and to be taken by the company to meet the resumption guidance. The company will provide and/or disclose all necessary information regarding compliance with the resumption guidance in a timely manner in accordance with the Listing Rules.

As disclosed in the company's announcement dated August 27, 2025, the Hong Kong Court has granted a conditional order (the Stay Order) to permanently stay the winding-up proceedings against the company and discharge the liquidator, subject to (i) the liquidator submitting the final Form D1 or D2 to the Official Receiver; and (ii) the liquidator giving written notice to the Official Receiver that the creditors' scheme has become effective. On September 3, 2025, the liquidator submitted the final Form D2 to the Official Receiver. Therefore, the Stay Order will become unconditional after the creditors' scheme becomes effective and the liquidator gives notice thereof to the Official Receiver.

As disclosed in the company's announcement dated September 5, 2025, the acquisition of the entire issued share capital of East Fortune Holdings Limited was completed on September 4, 2025. Based on the timeline of the property project, relevant development plans have been submitted to relevant authorities for approval and related construction works are expected to commence around November 2025. The Group will continue to operate its business as usual in all material respects and will actively seek business opportunities in property development and leasing.

The company is pleased to announce that all improvement measures recommended by the internal control consultant have been completed and are expected to continue to be implemented after the liquidator is discharged. The internal control consultant issued an internal control report on September 8, 2025, after conducting a follow-up assessment of the improvement measures implemented by the Group.

Trading in the shares remains suspended.