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Century Entertainment receives new HKEX resumption guidance

HKEX has imposed additional conditions that Century Entertainment must meet before trading in its shares can resume.

2 min read
hkex
Key Points
HKEX has issued two additional conditions for the resumption of trading
The company must publish outstanding financial results and complete an independent internal control review
Trading in Century Entertainment shares remains suspended

Century Entertainment has received additional resumption guidance from The Stock Exchange of Hong Kong (HKEX). The exchange has imposed new requirements that the company must satisfy before trading in its shares can resume.

In the announcement, the company said it received a letter from the exchange on July 9 outlining two new conditions. First, Century Entertainment must publish all outstanding financial results required under the Listing Rules and address any audit modifications. The additional guidance follows the company's announcement on June 29 that publication of its annual results for the financial year ended March 31, 2026 had been delayed.

Secondly, the company has been instructed to appoint an independent internal control consultant to conduct a comprehensive review of its internal control systems. The review must demonstrate that material deficiencies linked to the trading suspension have been fully rectified, remedial measures have been implemented, and the company's internal controls are sufficient to support compliance with financial reporting and other regulatory obligations. 

HKEX also reiterated that Century Entertainment must resolve the underlying issues that led to the suspension and fully comply with the Listing Rules before trading can recommence. The exchange noted that the company bears primary responsibility for developing and executing a resumption plan, while the guidance may be revised or supplemented should circumstances change.

The latest requirements build on the resumption guidance previously issued by the exchange in August 2025, reflecting the regulator's continued oversight of the company's recovery process.

Century Entertainment confirmed that trading in its shares will remain suspended until further notice. The suspension has been in effect since the morning of June 26, 2025, pending fulfillment of all resumption conditions.

The company said it will issue further announcements as appropriate and in accordance with the Listing Rules, while advising shareholders and potential investors to exercise caution when dealing in its securities.

Good to know

Trading in Century Entertainment shares has been suspended since June 26, 2025

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