Space Group Holdings Limited (2448) Announces Termination of Restructuring and Listing Cancellation

Bulletin Express02-25

Space Group Holdings Limited (In Liquidation) (Stock code: 2448) announced that its proposed restructuring will not proceed. According to official disclosures, the company, its joint and several liquidators, and the investor have not reached any agreement or arrangement to continue with the plans. Consequently, the relevant restructuring agreement has been terminated.

The Stock Exchange informed the company that the last day of listing of its shares would be February 25, 2026. Effective from 9:00 a.m. on February 26, 2026, the company’s shares would no longer be listed or tradeable on the Stock Exchange. Shareholders’ certificates remain valid, but trading avenues for these shares on the Stock Exchange will cease.

After delisting, the company will no longer be subject to the Listing Rules. Its announcements will not be published on the Stock Exchange’s website but may be posted on alternative platforms depending on applicable regulations. Shareholders are advised to seek professional advice regarding any queries related to the delisting.

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