GCL-Poly Energy Still Considering Engagement of Accounting Firm

GCL-Poly Energy and its special audit committee comprising independent non-executive directors are still actively considering the engagement of an independent accounting firm to conduct forensic investigation of the issues raised by auditors, co. said in an exchange filing late Tuesday.

• HKEX set out share trading resumption guidance for the co. in a letter on April 30
  • Conduct independent investigation into various concerns raised by the auditors
  • Publish all outstanding financial results required under the listing rules
  • Demonstrate that co. has sufficient level of operations and assets of sufficient value to support its operations to warrant the continued listing of its ...