Zhitong Finance App News, Dream Oriental (00593) issued an announcement. As disclosed in these announcements, the Company has submitted a written petition to the Listing Review Committee in accordance with Chapter 2B of the Listing Rules, requesting that the delisting decision be forwarded to the Listing Review Committee for review. Since then, the delisting decision has been reviewed and heard.
The Company hereby informs its owners and potential investors that, in accordance with the letter issued by the Listing Review Committee on December 15, 2025, the Company was notified that the Listing Review Committee decided to maintain the delisting decision (Listing Review Committee's decision) in accordance with section 6.01A (1) of the Listing Rules. On December 16, 2025, the Stock Exchange issued a further letter informing that the last listing date for the Company's shares will be December 29, 2025, and that the listing status of the shares will be cancelled at 9:00 a.m. on December 30, 2025.
In light of the Listing Review Committee's decision, the Company is applying for permission to the Hong Kong High Court (High Court) to seek legal advice on the grounds for judicial review (judicial review procedure) of the Listing Review Committee's decision. As delisting is permanent and will have serious and irreversible consequences for the Company, the Company wrote to the Exchange on December 23, 2025 requesting it to suspend the execution of the delisting decision in any way until the judicial review process is decided, in order to allow sufficient time for the Company to fully consider the proposed judicial review process, submit the above proposed license application, and conduct a hearing in the High Court. The Company will make further announcements in due course on any significant developments in the proposed judicial review application and the final stock listing date.
Furthermore, trading continues to be suspended.