Hong Kong Stock Exchange disclosures revealed that on December 30, a shareholder of ELIFE HLDGS (00223) deposited shares into KGI Asia, with a deposit value of HK$33 million, accounting for 16.66% of the holdings. ELIFE HLDGS had been suspended from trading for over a year since December 2, 2024, and resumed trading on December 29, 2025. The company announced that it has satisfied the conditions for resuming trading, which primarily included publishing all outstanding financial results and addressing any audit modifications; conducting an independent investigation concerning certain operating subsidiaries related to the 2024 interim period, assessing the impact on the company's business operations and financial status, announcing the investigation findings, and implementing appropriate remedial actions; demonstrating compliance with Listing Rule 13.24, which requires sufficient business operations or possession of tangible or intangible assets of substantial value; and disclosing all significant information to the market.
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ELIFE HLDGS (00223) Shareholder Deposits Shares into KGI Asia, Valued at HK$33 Million
Stock News08:46
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