Core Viewpoint - Zhidao International (01220) has received a letter from the Stock Exchange regarding the guidelines for the resumption of trading of its shares, which includes several compliance requirements that the company must fulfill before trading can resume [1] Summary by Relevant Sections - Financial Reporting Requirements - The company must publish all outstanding financial results as required by listing rules and address any audit revisions [1] - Independent Investigation - An independent forensic investigation must be conducted regarding allegations related to the remaining equity interests in the subsidiary companies acquired by the group, assessing the impact on the company's operations and financial condition, and disclosing the investigation results along with appropriate remedial actions [1] - Management Integrity and Capability - The company needs to demonstrate that there are no reasonable regulatory concerns regarding the integrity, capability, and character of the group’s management and any individuals with significant influence over the company, as such concerns could pose risks to investors and undermine market confidence [1] - Internal Control Review - An independent internal control review must be performed to prove that the company has established adequate internal controls and procedures to fulfill its obligations under the listing rules [1] - Compliance with Listing Rules - The company must demonstrate compliance with Listing Rule 13.24 and inform the market of all material information for shareholders and other investors to assess its condition [1] - Trading Suspension - The company's shares remain suspended from trading until the above conditions are met [1]
志道国际(01220)接获联交所复牌指引