Sky Blue 11 Granted Waiver for Compliance with Listing Rules

Balk 1798 Group Limited ( (HK:1010) ) has provided an update.

Sky Blue 11 Company Limited, formerly known as Balk 1798 Group Limited, has been granted a waiver from strict compliance with certain Hong Kong Stock Exchange Listing Rules following the resignation of an independent non-executive director. The company, which is currently short of the required number of independent directors and Audit Committee members, has been given until February 28, 2025, to meet the compliance requirements. The delay in appointing a new director is attributed to holiday periods and administrative workload, and the company is in the process of finalizing a suitable candidate.

More about Balk 1798 Group Limited

YTD Price Performance: -36.90%

Average Trading Volume: 2,357,586

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$117.7M

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