Christine International Holdings Ltd. (HK:1210) has released an update.
Christine International Holdings Ltd. faces a continued suspension of trading on the Hong Kong Stock Exchange due to regulatory concerns about the integrity and competence of its management, particularly after disciplinary action against a non-executive director who failed to complete mandatory training. The company must address these issues and comply with additional resumption guidance by October 2, 2024, to avoid delisting. It is now under pressure to develop an action plan to resume trading and restore investor confidence.
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