Sino Oil & Gas Releases Quarterly Resumption Update; Restructuring Talks Ongoing, Share Trading Still Halted

Bulletin Express04-02

Sino Oil & Gas Holdings Limited (In Liquidation) published a quarterly update under Rule 13.24A of the Hong Kong Listing Rules, outlining the latest progress toward meeting the Stock Exchange’s resumption guidance.

The Joint and Several Liquidators continue discussions with multiple parties regarding a potential restructuring of Sino Oil & Gas and its subsidiaries. As of 2 April 2026, no commitment or formal agreement has been reached. Further announcements will be issued when material developments occur.

Trading in Sino Oil & Gas shares has been suspended since 10:50 a.m. on 31 March 2025 and will remain halted until further notice. The company reiterates that shareholders and prospective investors should exercise caution when dealing in its securities.

Corporate management is currently overseen by Joint and Several Liquidators So Kit Yee Anita and Leung Fredric Hin Hang, acting solely as agents of the company without personal liability. The executive, non-executive and independent non-executive directors in place immediately before the winding-up order are unchanged from prior announcements.

The Stock Exchange of Hong Kong Limited assumes no responsibility for the accuracy or completeness of the information contained in the update.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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