S-Enjoy Service Group faces resumption guidance, trading remains suspended

S-Enjoy Service Group (HKEX:1755) has received guidance from the Stock Exchange of Hong Kong concerning the resumption of trading in its shares, which have been suspended since April 1, 2025. The resumption is contingent upon the company fulfilling several conditions, including conducting an independent forensic investigation into discovered "Related Party Fund Transfers," publishing outstanding financial results, addressing any audit modifications, demonstrating the integrity of its management, and establishing adequate internal controls. The Stock Exchange may delist the company if it fails to resume trading by September 30, 2026. S-Enjoy Service must also comply with continuous obligations, and disclose information as required by the Listing Rules. The company is taking steps to address the issues and will provide updates on its progress. Trading in the shares will remain suspended until further notice.