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abc Multiactive Limited Regulatory Filings 2021

Oct 26, 2021

51286_rns_2021-10-26_ed069cbe-228d-4731-b751-274b5b2a24a0.pdf

Regulatory Filings

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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

This announcement appears for information only and does not constitute an invitation or offer to acquire, purchase or subscribe for any securities of the Company.

abc Multiactive Limited 辰 罡 科 技 有 限 公司[*]

(Incorporated in Bermuda with limited liability)

(Stock Code: 8131)

RESUMPTION GUIDANCE AND CONTINUED SUSPENSION OF TRADING

This announcement is made by abc Multiactive Limited (the “ Company ”) pursuant to the inside information provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Reference is made to the announcements (the “ Announcements ”) of the Company dated 15 March 2021, 23 March 2021, 13 July 2021, 14 July 2021, 22 July 2021 and 20 October 2021 in relation to inter alia, the decision of the Stock Exchange to suspend trading in the shares of the Company (the “ Shares ”) under Rule 9.04(3) of the GEM Listing Rules. Unless otherwise defined, capitalised terms used in this announcement shall have the same meaning as those defined in the Announcements.

RESUMPTION GUIDANCE

On 25 October 2021, the Company received a letter from the Stock Exchange setting out the resumption guidance for the resumption of trading in the Shares (the “ Resumption Guidance ”) to:

  • demonstrate its compliance with Rule 17.26 of the GEM Listing Rules

Under Rule 9.14A(1) of the GEM Listing Rules, the Stock Exchange may cancel the listing of any securities that have been suspended from trading for a continuous period of 12 months. In the case of the Company, the 12-month period expires on 20 October 2022. If the Company fails to remedy the issue(s) causing the trading suspension, fulfill the resumption guidance and fully comply with the GEM Listing Rules to the Stock Exchange’s satisfaction and resume trading in the Shares by 20 October 2022, the Listing Division will recommend the GEM Listing Committee to proceed with the cancellation of the Company’s listing. Under Rules 9.14 and 9.15 of the GEM Listing Rules, the Stock Exchange also has the right to impose a shorter specific remedial period, where appropriate.

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CONTINUED SUSPENSION OF TRADING

At the request of the Company, trading in the Shares on the Stock Exchange has been suspended with effect from 9:00 a.m. on 21 October 2021.

Further announcement(s) will be made by the Company as and when appropriate and in accordance with the requirements of the GEM Listing Rules.

Shareholders and potential investors should note that the resumption of trading in the Shares on the Stock Exchange is subject to the above condition which may or may not be fulfilled. There is no guarantee that the resumption of trading in the Shares on the Stock Exchange will take place. Shareholders and potential investors of the Company are advised to exercise caution when dealing in the Shares.

By order of the Board of abc Multiactive Limited Joseph Chi Ho HUI Chairman

Hong Kong, 26 October 2021

As at the date of this announcement, the executive Directors are Mr. Joseph Chi Ho HUI, Ms. Clara Hiu Ling LAM and Mr. Ka Wing LAU; and the independent non-executive Directors are Mr. Kwong Sang LIU, Mr. Edwin Kim Ho WONG and Mr. William Keith JACOBSEN.

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.

This announcement will remain on the “Latest Company Announcements” page of the GEM website at www.hkgem.com for at least seven days from the day of its publication and on the Company’s website at www.hklistco.com.

  • For identification purposes only

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