GLOBAL UIN Receives Decision from GEM Listing Review Committee

Stock News
Mar 20

GLOBAL UIN (08496) has announced that the company's board of directors wishes to inform its shareholders and potential investors that the GEM Listing Review Committee held a review hearing concerning the committee's decision on February 3, 2026. On March 19, 2026, the company received the decision from the GEM Listing Review Committee, which upheld the original ruling that the acquisition and disposal transactions constitute a reverse takeover under GEM Listing Rule 19.06B. The GEM Listing Review Committee stated that before trading can resume, the company must comply with any resumption guidance conditions that may be imposed by the Stock Exchange and satisfy the Exchange that it is in full compliance with the GEM Listing Rules. According to GEM Listing Rule 9.14A(1), if trading remains suspended for a continuous period of 12 months, the Stock Exchange may cancel the listing status of the company's shares. At the company's request, trading in its shares will be suspended starting from 9:00 a.m. on Friday, March 20, 2026.

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