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.
BASETROPHY GP (08460.HK) Expects Jan-Aug Results to Swing to Loss BASETROPHY GP (08460.HK) -0.013 (-8.280%) issued a profit warning. The group is expected to record a loss for the eight months ended 31 August 2017 as compared with a net profit for the same period of 2016, mainly due to the decrease in revenue recognised by the group and increase of listing expense
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