The Stock Exchange of Hong Kong Limited (HKEX) announces that with effect from 9:00 a.m. on 24 February 2017, the listing of the shares of China Forestry Holdings Co., Ltd. will be cancelled in accordance with the delisting procedures under Practice Note 17 of the Listing Rules.
Trading in the Company’s shares has been suspended since 26 January 2011. Accordingly, dealings in the Company’s shares have effectively been suspended for over 6 years.
The Company was put into the third stage of the Delisting Procedures on 3 August 2016. Under the Delisting Procedures, at the end of the third stage where no viable proposal has been received for resumption, the listing of the Company’s shares will be cancelled. The third stage has expired on 2 February 2017 but the Company failed to submit a viable resumption proposal. Therefore, the Exchange will cancel the listing of the Company’s shares.
The Exchange has notified the Company of its obligation under paragraph 3.1 of Practice Note 17 to publish an announcement informing the public of the cancellation of the Company’s listing.
The Exchange advises shareholders of the Company who have any queries about the implications of the delisting to obtain appropriate professional advice.