KITH HOLDINGS (01201.HK)  0.000 (0.000%)   announced that the Stock Exchange informed the company that it has decided to allow the company to proceed with the resumption proposal dated August 2014 but the company has to fulfill a number of conditions before end March, including: completion of the transactions as stated in the resumption proposal; inclusion of a profit forecast for the two years ended 2015 and six months ended June 2016 in the announcement or prospectus, a pro forma balance sheet upon completion of the proposal, a statement from the directors confirming the adequacy of working capital for at least 12 months from trading resumption; withdrawal or dismissal of the winding up petition and discharge of the provisional liquidators; and publication of all outstanding financial results with any major audit qualifications properly addressed.

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