Silk Road Logistics Holdings (00988) issued an announcement. On December 28, 2023, the company submitted an application requesting the exclusion of...
Zhitong Finance App News, Silk Road Logistics Holdings (00988) issued an announcement. On December 28, 2023, the company submitted an application requesting that the delisting decision be forwarded to the Stock Exchange Listing Review Committee for review. The review hearing is scheduled to be held on March 22, 2024. The directors hereby remind the Company's shareholders and potential investors that the results of this review are uncertain.
In order to reach guidelines for resuming trading, the company has been focusing on improving the business operations of the Group's commodity trading business and logistics business, while improving proposed restructuring plans involving share capital restructuring, subscription matters and plans.
On January 25, 2024, the plan was approved by the required legal majority of plan creditors at the planning meeting. Considering that the review hearing of the delisting decision will be held on March 22, 2024, the hearing to approve the plan was postponed until April 12, 2024.
Furthermore, trading continues to be suspended.