Summary by Moomoo AI
Kai Ming Medical -B (stock code: 2500) announced on 16 February 2024 that it will continue to comply with the additional duplication guidelines issued by the Hong Kong Stock Exchange Limited (HKEX) and will continue to suspend trading. THESE GUIDELINES INCLUDE CONDUCTING SPECIAL AUDITS, INDEPENDENT INTERNAL CONTROL REVIEWS, DEMONSTRATING RISK-FREE MANAGEMENT INTEGRITY, DISCLOSING ALL IMPORTANT INFORMATION, AND RE-COMPLYING WITH RELEVANT LISTING RULES AS CONSTITUTED BY THE BOARD AND ITS COMMITTEES. This is in response to the Recollection Guidance issued by the Exchange on 20 December 2023 on the resumption of trading of shares and the additional guidance issued on 9 February 2024 following the death of Mr Liu Yun-yi, the former Independent Non-Executive Director. Kai Ming Medical-B's shares have been suspended from 23 November 2023 and will continue to be suspended until the conditions for the reauthorization are met. Shareholders and potential investors are reminded to exercise caution when trading.