4 May 2023
CHINA WOOD OPTIMIZATION (HOLDING) LTD v. THE STOCK EXCHANGE OF HONG KONG LTD
- Citation
- [2023] HKCFI 1000
- Court
- Court of First Instance
- Case number
- HCAL290/2023
Leave to apply for judicial review was dismissed because the LRC’s refusal to grant a six‑month extension was reasonable: the Company failed to establish exceptional circumstances under GL95‑18 or to show a real prospect that RG1, RG2 and RG4 would be met by the proposed extension date; the LRC’s forward‑looking assessment that there was no sufficient assurance the outstanding audited results would be completed free of disclaimers and insufficient evidence on financial position justified refusing the extension.