Taung Gold (00621) resumed trading at a high opening of 124%, as of the time of publication, it rose by 124.14%, closing at 0.065 Hong Kong dollars, with a turnover of 0.039 million Hong Kong dollars.
According to the Wisdom Financial APP, Taung Gold (00621) resumed trading at a high opening of 124%, as of the time of publication, it rose by 124.14%, closing at 0.065 Hong Kong dollars, with a turnover of 0.039 million Hong Kong dollars.
On the news front, Taung Gold announced that the company has reached the resumption guidance, including publishing all unpublished performance, proving sufficient operational level and valuable assets, as well as disclosing all important news to the market. The company stated that it has applied to the Stock Exchange for the resumption of share trading from the 7th.
It is reported that by the end of June 2023, Taung Gold announced that the company is still determining the carrying amount of the South African mining assets and needs additional time to obtain more supporting documents and reports for the auditors to carry out their work, thus, it will not be able to publish the annual performance as required by the listing rules by June 30. Therefore, the company's shares are expected to be suspended from trading starting on July 3 (Monday).