The party involved Carnival Group International Holdings Limited (In Liquidation) (stock code: 996) and its Former Chairman and Executive Director.
Mr. King was an Executive Director, Chairman, and/or CEO of the Company from September 2012 to September 2019, during which he provided a Declaration and Undertaking to the Exchange in the form set out in Appendix 5B to the Listing Rules. The Undertaking required him to cooperate in any investigation conducted by the Listing Division and/or the Listing Committee and provide his up-to-date contact information to the Exchange for three years after he ceased to be a director. Since 2020, the Division has been investigating whether Mr. King has fulfilled his duties and obligations under the Listing Rules. However, despite sending investigation and reminder letters, the Division has not received any response from him.
Therefore, after an investigation by HKEx, the Listing Committee decided to impose the sanctions set out in this Statement of Disciplinary Action.
For the avoidance of doubt, the Exchange confirms that the above sanctions apply only to Mr King, and not to the Company or any other past or present directors of the Company.
resource: https://www.hkex.com.hk/News/Regulatory-Announcements/2023/230321news?sc_lang=en