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JPMorgan Adjusts Investment in Paladin Energy
Canaccord Genuity Remains a Buy on Paladin Energy Ltd (PALAF)
Paladin: No Certainty ICA Clearance Will Be Obtained in Timely Manner or At All
Paladin: Review Extended Until Dec. 30
Hong Kong stock market movement | Paladin (00495) once plummeted over 50% and plans to apply for a review of the decision to suspend trading of the company's shares.
Paladin (00495) once plummeted by over 50%, as of the time of publication, down by 45.83%, at 0.026 Hong Kong dollars, with a turnover of 0.2638 million Hong Kong dollars.
PALADIN (00495.HK) intends to apply for a review of the decision to suspend trading on the Stock Exchange.
PALADIN (00495.HK) announced that it received a letter from the Stock Exchange last Friday (the 15th), which includes the Stock Exchange's decision that the company has failed to maintain a sufficient level of operations and assets as required by Rule 13.24, and the company's shares should be suspended from trading in accordance with Rule 6.01(3). The Stock Exchange has stated that unless the company applies for a review of the decision under Chapter 2B of the Listing Rules, the Stock Exchange will suspend the trading of the company's shares on November 27. According to Rule 6.01A(1), if the company's shares remain suspended for 18
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