Core Viewpoint - The company, Global Friendly Beverage, is facing delisting from the GEM market due to a series of transactions that the Stock Exchange views as a reverse takeover aimed at circumventing new listing regulations [1] Group 1 - The company received a notification from the Stock Exchange on September 5, 2025, regarding its acquisition of smart beverage vending machines and the sale of two Chinese restaurants [1] - The transactions occurred between December 2023 and March 2025, and the Stock Exchange considers them as a series of transactions constituting a reverse takeover [1] - As a result of these transactions, the company is classified as a new listing applicant and must comply with all new listing regulations under Chapter 11 of the GEM listing rules [1] Group 2 - The company has not completed the new listing procedures, and since the acquisition and sale have been finalized, the Stock Exchange deems the company unsuitable for listing [1] - The company's shares will be suspended from trading on September 17, 2025, in accordance with GEM listing rule 9.04(4), unless the company successfully applies for a review of this decision [1] - According to GEM listing rule 9.14A(1), if the shares are suspended for 12 consecutive months, the Stock Exchange may revoke the company's listing status [1]
环球友饮智能遭联交所裁定反向收购 9月17日起面临停牌风险