International Genius Company (Stock Code: 33) Issues Quarterly Update on Resumption Progress and Trading Suspension

Bulletin Express
Jan 30

International Genius Company (Stock Code: 33), incorporated in the Cayman Islands with limited liability, has provided a quarterly update regarding its efforts to fulfill resumption guidance requirements. The company faces ongoing suspension of trading on the Hong Kong Stock Exchange following an earlier delay in publishing annual results for the year ended 30 June 2025 and subsequent postponement of relevant board meetings.

The latest update confirms that an independent forensic investigation, conducted by Grant Thornton Advisory Services Limited, is in progress to examine discrepancies identified in the 2024 interim results, among other matters. Meanwhile, auditors are addressing the outstanding audit information related to the 2025 annual results, which remain subject to the findings of both the forensic investigation and an independent internal control review. BizGear Corporate Consulting Limited has been engaged to carry out this review, and its key findings will be announced when appropriate.

In addition, the board intends to ensure that management integrity and competence meet market standards, particularly after concluding the investigations and reviews. The company reaffirms that it continues to operate its core businesses in commodities trading and tech-driven investment management, aiming to maintain adequate operations and assets under the Listing Rules. Trading in the company’s shares has been suspended since 2 October 2025 and will remain so until the publication of the audited annual results for 2025. The company plans to issue further announcements to keep shareholders and potential investors informed of any significant developments.

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