LET Group (HKG:1383) said the Hong Kong bourse's listing committee has resolved to cancel the company's listing after it failed to meet the resumption guidance and resume trading by July 10, according to a Monday filing.
The company will not seek a review of the decision.
Trading in LET shares will remain suspended until the delisting becomes effective on Sept. 1.
After that date, the shares will no longer be listed or traded on the exchange, though existing share certificates will continue to represent legal ownership.
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