GOLDLION HOLD: Privatization plan has expired, resuming trading on May 12

Zhitong
2025.05.09 10:17
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According to the Zhitong Finance APP, GOLDLION HOLD announced that the privatization plan was not approved at the court meeting on May 9, 2025, and therefore the special resolution passed at the shareholders' meeting will not take effect. As a result, the privatization plan has become invalid, and the proposal will not be implemented, and the listing status of the shares on the Stock Exchange will not be revoked. The company has applied to the Stock Exchange for the resumption of trading of its shares starting from 9:00 AM on May 12, 2025

According to the Zhitong Finance APP, GOLDLION HOLD (00533) announced that on May 9, 2025, the privatization plan was not approved at the court meeting, therefore the special resolution passed at the shareholders' meeting will not take effect. As a result, the privatization plan has become invalid, and the proposal will not be implemented, and the listing status of the shares on the Stock Exchange will not be revoked. The company has applied to the Stock Exchange for the resumption of trading of its shares starting from 9:00 AM on May 12, 2025

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