DREAMEAST (00593): Chen Xiangru Resigns as Independent Non-Executive Director

Stock News
Oct 08, 2025

DREAMEAST (00593) announced that on September 26, 2025, the company received a letter from the Hong Kong Stock Exchange notifying that the Listing Committee determined the company had not met all resumption guidance requirements and decided to delist the company pursuant to Listing Rule 6.01A(1). Under Listing Rules 2B.06(2) and 2B.08(1), the company has the right to request a review by the Listing Review Committee within seven business days from the date the delisting decision was issued. If the company decides not to apply for review, the last trading day for shares will be October 14, 2025, and the shares will be formally delisted at 9:00 AM on October 15, 2025. On October 8, 2025, the company submitted an application under Chapter 2B of the Listing Rules requesting the delisting decision be referred to the Listing Review Committee for review. The liquidator reminds shareholders and potential investors that the outcome of the review is uncertain. Chen Xiangru has resigned as independent non-executive director of the company, effective October 8, 2025. Following Chen Xiangru's resignation as independent non-executive director, she has ceased to serve on the company's audit committee, remuneration committee, and nomination committee. Additionally, trading suspension continues.

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