Taishan Petrochemical (01192. HK) received additional resumption guidelines from the stock exchange

Taishan Petrochemical (01192. HK) announced that in addition to the resumption guidelines imposed on the company by the stock exchange on June 30, 2021 and August 25, 2021, the company has received two letters from the stock exchange on May 16, 2022 on the two additional resumption guidelines that must be reached before the shares of the company are approved to resume trading on the stock exchange: (a) conduct an independent legal investigation on the disposal of these assets and publish the investigation results, Assess and announce the impact on the company’s financial and operating conditions and take appropriate remedial actions; And (b) prove that there are no reasonable regulatory issues related to the integrity of management and / or any person who has a significant impact on the management and operation of the company will bring risks to investors and damage market confidence.

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