The Economic Information Daily reported on the 20th that TPG & Partners (02479) announced on September 29, it submitted an application to the Stock Exchange for resumption of share trading. According to information obtained by the directors, the Stock Exchange is still reviewing and assessing the application. The group stated that it applied for resumption of trading as it believes all necessary steps have been completed to address all the conditions for resumption of trading.

In addition, the group stated that following the Securities and Futures Commission's (SFC) announcement last Tuesday (13th) titled "SFC takes action against suspected manipulation of IPOs and suspends trading of Chabeidao's shares", the board of the group received multiple inquiries from shareholders and stakeholders regarding the status of resumption of trading and matters mentioned in the SFC announcement. The group stated that the note sale pursuant to the assignment deed has been completed, with the total consideration of USD 10 million, being the full principal amount of the notes, fully received, and on last Friday (16th), the group's business operations remained normal, with no significant changes. The group's shares have been suspended from trading on the Stock Exchange since April 1 last year and will continue to remain suspended until further notice. (wh)