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Brightoil delisted on HKSE after Listing Review Committee hearing in September

12 Oct 2020

Hong Kong-based oil and bunkering firm Brightoil Petroleum Holdings on Friday (9 October) published a notice on the Stock Exchange of Hong Kong Limited (HKSE) Listing Review Committee’s decision to cancel the company’s listing.

The notice published by Brightoil reads:

On 7 October 2020, the Listing Review Committee issued a letter to the Company notifying the Company that following the hearing by the Listing Review Committee held on 18 September 2020, it has decided to uphold the Listing Committee’s decision to cancel the listing of the Company.

This comes following Brightoil’s formal request to the Stock Exchange for a review of the Listing Committee’s decision by the Listing Review Committee and a hearing date was scheduled. 

Trading in the company’s shares will remain suspended until further notice and Brightoil said it will make further announcements as and when appropriate.

Earlier developments of Brightoil (since late 2017 to date) can be found in the search results here.

Photo credit: Manifold Times
Published: 12 October, 2020

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