Paladin Limited ( (HK:0495) ) has issued an update.
Paladin Limited, a company listed on the Hong Kong Stock Exchange, is currently facing challenges in maintaining compliance with listing requirements. The company has been unable to sustain a sufficient level of operations and asset value, and it also needs to diversify its board by appointing a female director to meet gender diversity requirements. As a result, trading in Paladin’s shares has been suspended since November 2024. The company is actively working on strategies to meet these compliance issues, including seeking a suitable female candidate for its board. The suspension of trading will continue until these issues are resolved, with the risk of delisting if the suspension persists for 18 months.
More about Paladin Limited
YTD Price Performance: 20.0%
Average Trading Volume: 35,881,340
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$19.69M
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