AM GROUP (01849) issued an announcement stating that on December 23, 2024, the company received a letter from the Stock Exchange containing the following guidance regarding the resumption of the company's share trading:
Publish all unpublished financial results as required by the listing rules and address any review modifications; demonstrate that there are no reasonable regulatory concerns regarding the integrity, competence, or character of the management and/or any individuals with significant influence over the company's management and operations that may pose risks to investors and damage market confidence; conduct an independent internal control review and demonstrate that the company has sufficient internal control systems and processes in place to comply with the listing rules; prove that the company meets the requirements of Listing Rule 13.24; and inform the market of all important information to enable the company's Shareholders and investors to assess the company's condition.
As of the date of this announcement, the group's digital marketing Business continues to operate as usual, while the Board of Directors has been unable to obtain information and documents regarding the online e-commerce platform Business, thus the Board has been unable to confirm the status of the group's online e-commerce platform Business.