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STARCOIN GROUP (00399.HK) Denied Leave for Judicial Review, Shares to Be Suspended from Today
STARCOIN GROUP (00399.HK) announced that in relation to the Stock Exchange's decision on 14 November last year that the company failed to maintain a sufficient level of operations ...
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STARCOIN GROUP (00399.HK) Denied Leave for Judicial Review, Shares to Be Suspended from Today
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STARCOIN GROUP (00399.HK)  0.000 (0.000%)   announced that in relation to the Stock Exchange's decision on 14 November last year that the company failed to maintain a sufficient level of operations as required under Rule 13.24 of the Listing Rules, the companys application for leave to apply for judicial review against the Listing Review Committees decision, as well as its application for interim injunction relief to restrain the implementation of the Listing Review Committees decision, were heard by the High Court yesterday (5th). The High Court declined to grant leave for the company to apply for judicial review against the Listing Review Committees decision.

As a result, the companys application for interim injunction relief to stay the implementation of the Listing Review Committees decision was also not approved.

Trading in the companys shares will be suspended on the Stock Exchange starting today (6th). (ec/j)(HK stocks quote is delayed for at least 15 mins.)

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