Neo-Neon (1868): Listing Committee finds no breach of Rule 13.09(1)

The Listing Committee, unlike the Takeover Panel, holds disciplinary hearings in secret, so it is unusual that a company has announced the proceedings at the outset and conclusion. We urge the Stock Exchange to increase transparency by opening disciplinary hearings to the public. Meanwhile when any such proceedings involve an existing listed company or its directors, the fact of the proceedings should be regarded as price-sensitive and should therefore be disclosed by law.

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Neo-Neon Holdings Limited 同方友友控股有限公司

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