On January 27, 2020, BDO Leasing and Finance, Inc. (“BLFI”), the previous name of Dominion Holdings, Inc. (“DHI” or the “Company”), requested for the voluntary trading suspension of its shares in relation to BDO Unibank, Inc.’s (“BDO”) share purchase agreement to sell its controlling stake in BLFI. Thereafter, the Exchange deemed the transaction to be a backdoor listing transaction; hence, a continued trading suspension was imposed on BLFI’s shares pending the submission of a comprehensive corporate disclosure.
On February 14, 2020, the Exchange received a letter from the Securities and Exchange Commission (“SEC”) with regard to the SEC Suspension Order of the Registration Statement (“Suspension Order”) of BLFI.
Given the foregoing SEC Suspension Order, the Exchange implemented a continued trading suspension on the shares of BLFI.
On January 24, 2021, the agreement for the sale of BDO’s controlling interest in BLFI was terminated for failure to comply with the closing conditions of the transaction. |
Pursuant to the SEC’s Order lifting of the Suspension Order disclosed under Company Announcement No. C04456-2024 , the submission of its Comprehensive Corporate Disclosure and compliance with the requirements of the Exchange’s Rules, please be advised that the Exchange has resolved to lift the trading suspension effective August 20, 2024.
Please see Company Announcement No. C05621-2024 posted on August 16, 2024 for the Company’s submission of its Comprehensive Corporate Disclosure.
Further, considering that the trading of the Company’s shares was suspended since January 28, 2020, the static threshold (trading band) on the price of DHI shares will be lifted upon the resumption of trading of the Company’s shares on August 20, 2024, in accordance with Article VII, Section 6 of the Revised Trading Rules of the Exchange.
For your information and guidance. |
NOTICE