TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Jiyi Holdings Limited ( (HK:1495) ) has provided an update.
Jiyi Holdings Limited has submitted an updated resumption proposal to the Hong Kong Stock Exchange to resume trading of its shares, following a suspension due to issues with unauthorized guarantee arrangements. An independent investigation and internal control review were conducted, revealing deficiencies in corporate governance and internal controls, attributed to oversight by former management. The company has since implemented remedial measures, deemed sufficient by the Audit Committee and Board, to address these issues and ensure compliance with listing rules, safeguarding shareholder interests.
More about Jiyi Holdings Limited
Jiyi Holdings Limited is a company incorporated in the Cayman Islands, operating with limited liability. It is listed on the Hong Kong Stock Exchange under the stock code 1495. The company, along with its subsidiaries, is involved in various business operations, although specific industry details and primary products or services are not provided in the announcement.
Technical Sentiment Signal: Sell
Current Market Cap: HK$25.85M
Learn more about 1495 stock on TipRanks’ Stock Analysis page.