Far East Holdings International (00036): Listing Review Committee Upholds Decision, Trading Suspension Effective February 3

Stock News
Feb 02

Far East Holdings International (00036) announced that on February 2, 2026, the company received a letter from the Listing Review Committee. The letter notified the company that, after considering the submissions from both the company and the Listing Division, including the representations made by the company during the hearing, the Listing Review Committee decided to uphold the Listing Committee's original ruling. The decision is to suspend the trading of the company's shares 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, specifically its inability to maintain a sufficient level of operations and possess assets of sufficient value to support its operations, thereby failing to justify the continued listing of its shares. Furthermore, at the company's request, trading of its shares on the Stock Exchange will be suspended effective 9:00 a.m. on February 3, 2026.

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