Hong Kong-listed LET Group has received further resumption guidance as it remains under trading suspension.
In a filing to the Hong Kong Stock Exchange on Monday, the company disclosed that the Stock Exchange issued a letter on February 5th, 2025, outlining additional requirements for resumption, which supplement the previous resumption guidances.
A key requirement is for LET Group to demonstrate that its board of directors is validly constituted in accordance with applicable laws, regulations, and the company’s articles of association.
The company stated that it is making every effort to reconstitute its board in compliance with the Additional Resumption Guidance and Corporate Governance Guidance.
Since the resignation of independent non-executive director Kwok Kai Bun Bennie on November 11th, 2024, LET Group has been searching for suitable candidates but has yet to make any new appointments.
Trading in the company’s shares has been suspended since February 14th, 2024.
