Jian ePayment Systems Ltd. is preparing for the resubmission of its listing application to the Stock Exchange of Hong Kong.
The company noted that its previous listing application to the bourse lapsed on Nov. 29, 2019. It is now preparing to address the comments from the stock exchange in connection to the new listing application, according to a Dec. 31, 2019, release.
The group has until June 30 to fulfill conditions in connection to the listing application. The Hong Kong stock exchange had decided to cancel Jian ePayment Systems' listing status in 2018 after determining that the company did not have a sufficient level of operations or have tangible assets of sufficient value.