Glory Sun Land Group Limited Reports Continued Normal Property Operations, Commodity Trading Halted in 2025; Trading Suspension Remains in Effect
Reuters
Sep 30
Glory Sun Land Group Limited Reports Continued Normal Property Operations, Commodity Trading Halted in 2025; Trading Suspension Remains in Effect
Glory Sun Land Group Limited has provided a quarterly update regarding its business operations and the continued suspension of trading in its shares. The company confirmed that its principal business of property development and investment in the People's Republic of China is continuing as normal since the publication of its 2024 Annual Report. However, due to market conditions and internal resources, the Group has not engaged in any trading of commodities since the beginning of 2025. The company stated that it will continue to monitor its financial position and business operations closely. Trading in the shares of Glory Sun Land Group Limited has been suspended since April 1, 2025, and will remain suspended until further notice. The company emphasized that there is no other material information to disclose at this time and advised shareholders and investors to exercise caution when dealing in the company's securities. Further announcements will be made as appropriate in compliance with the listing rules.
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