Ligao Group (01622) issued an announcement. Following the resumption guidelines issued by the Stock Exchange on May 24, 2023, the public...
According to the Zhitong Finance App, Ligao Group (01622) issued an announcement. Following the resumption guidelines issued by the Stock Exchange on May 24, 2023, the company received a letter from the Stock Exchange on April 30, 2024, containing additional guidelines for the company to resume share trading, namely paragraph (e) below. Therefore, as of the date of this announcement, the company must comply with the following guidelines for resuming trading:
(a) Publish all unpublished financial results as required by the listing rules and explain any audit revisions;
(b) Conduct appropriate independent legal investigations into audit issues, assess their impact on the company's business operations and financial situation, publish findings and take appropriate remedial measures;
(c) Conduct an independent internal control review and prove that the company has established sufficient internal controls and procedures to meet its responsibilities under the listing rules;
(d) certify that the company complies with section 13.24 of the listing rules;
(e) Prove that there are no reasonable regulatory concerns relating to the integrity, ability or character of the Group's management and/or any person having a significant influence on the Group's management and operations, thereby exposing investors to risk and undermining market confidence;
(f) Providing the market with all material information to enable shareholders and company investors to assess the company's condition.