Peace Mark made a public announcement (http://www.hkexnews.hk/listedco/listconews/sehk/20090225/LTN20090225334.pdf) yesterday night, stating the required conditions imposed by the Hong Kong Exchange before shares of Peace Mark can resume trading again.
Does it mean that Peace Mark will resume trading soon? A few possible reasons came to my mind:
(i) The liquidator of Peace Mark may want to sell Peace Mark listed shell to recover more money?
(ii) Will Sincere Watch be listed under the Peace Mark shell? Currently, Sincere Watch is ring-fenced in the liquidation and is still operating as a business.
It seems like Peace Mark shares, although it is not tradable at the moment, may be worth something in the future, but probably it will not be worth a lot.
