South Shore Holdings, owner of Macau’s The 13, has said it won’t be able to publish its financial results for 2020 according to the deadline set by the Hong Kong Stock Exchange and as a result its shares will be suspended from trading from July 2 until the release of the figures.
South Shore last week said the Macau unit that controls The 13 has applied for voluntary liquidation. If a business reorganisation plan cannot be agreed, the company’s assets will be sequestered and South Shore will be delisted from the exchange.
