Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
(Incorporated in the Cayman Islands with limited liability)
(Stock code: 813)
INSIDE INFORMATION
DELAY IN PUBLICATION OF 2021 UNAUDITED ANNUAL RESULTS
This announcement is made by Shimao Group Holdings Limited (the "Company", together with its subsidiaries, the "Group") pursuant to Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) and Rule 13.09(2)(a) of the Rules Governing the Listing of Securities (the "Listing Rules") on The Stock Exchange of Hong Kong Limited (the "Stock Exchange").
NON-PUBLICATION OF 2021 UNAUDITED ANNUAL RESULTS
Reference is made to the announcement of the Company dated 25 March 2022.
The board of the Company (the "Board") wishes to inform its shareholders and investors of the Company that the Company is not in a position to publish the unaudited annual results of the Group for the year ended 31 December 2021 on 31 March 2022, due to the latest wave of COVID-19 outbreak which resulted in the lock-down of the office building of the Company's headquarters in Shanghai, the quarantine of certain staff of the Group who are involved in the preparation process, and the time for release of the control measures remains uncertain.
POSTPONEMENT OF BOARD MEETING
As stated in the announcement of the Company dated 21 March 2022, a meeting of the Board (the "Board Meeting") for the purpose of considering and approving the 2021 unaudited annual results was originally scheduled to be held on Thursday, 31 March 2022. Given that the Company will not publish the 2021 unaudited annual results, the Board Meeting will be postponed.
The Company will make further announcement to inform its stakeholders on the expected date of publication of the 2021 annual results. Trading in the shares of the Company on the Stock Exchange will be suspended with effect from 9:00 am on 1 April 2022 as required under Rule 13.50 of the Listing Rules.
Holders of the Company's securities and potential investors are advised to exercise caution when dealing in the securities of the Company.
On behalf of the Board
Shimao Group Holdings Limited
Hui Sai Tan, Jason
Vice Chairman and President
Hong Kong, 31 March 2022
As at the date of this announcement, the Board comprises five Executive Directors, namely, Mr. Hui Wing Mau (Chairman), Mr. Hui Sai Tan, Jason (Vice Chairman and President), Ms. Tang Fei, Mr. Lu Yi and Mr. Xie Kun; one Non-executive Director, namely, Mr. Ye Mingjie; and three Independent Non-executive Directors, namely, Ms. Kan Lai Kuen, Alice, Mr. Lyu Hong Bing and Mr. Lam Ching Kam.