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Provider: Reuters Investment Profile
Provider: Thomson Reuters Stock Report
Provider: Wright Reports
Provider: Wright Reports

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China Hongxing Sports Ltd Announces Grant Of Extension Of Time To Announce Unaudited Financial Results For First Quarter Of Financial Year Ending December 31, 2013

Thursday, 6 Jun 2013 12:37am EDT 

China Hongxing Sports Ltd announced that the Company has applied to the Singapore Exchange Securities Trading Limited (the SGX-ST) for an extension of time to comply with Listing Rule 707(1) and the SGX-ST has no objection to an extension of time up to June 15, 2013 to announce the Company’s unaudited financial results for first quarter of 2013 (1QFY2013 Unaudited Results). The reasons for the Company’s application for the extension of time are as follow: Pursuant to Rule 705(1) of the Listing Manual, the Company is required to announce its first quarter of 2013 Unaudited Results by May 15, 2013; The Company requires an additional one month to announce its first quarter of 2013 Unaudited Results as it has only recently completed its valuation of its property, plant and equipment of the Company and its subsidiaries and would require resources and time to complete the assessment of the accounting impact of the valuation on its financial results and the Company’s current resources have been taken up to submit the trading resumption by the end of May 2013. 

Company Quote

22 Feb 2011