ELEGANCEOPTICAL (00907) Suspended from Trading Starting April 23 Due to Insufficient Operations and Asset Support
Stock News
Apr 23
ELEGANCEOPTICAL (00907) announced that on April 22, 2026, the company received a letter from the Listing Review Committee. The committee notified that after considering the submissions from the company and the Listing Division, it has decided to uphold the Listing Committee's original ruling. The decision mandates a suspension of the company's share trading pursuant to Rule 6.01(3) of the Listing Rules. The basis for the suspension is the company's failure to comply with Rule 13.24, which requires maintaining sufficient operations and assets of sufficient value to support its operations, thereby warranting a continued listing. Trading of the company's shares on the Stock Exchange will be suspended effective 9:00 a.m. on April 23, 2026.
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