Hopson Dev Hold warns of FY2025 results delay, board meeting adjourned and trading suspension likely

Bulletin Express
Apr 01

Hopson Development Holdings Limited (Hopson Dev Hold) has announced that the publication of its audited annual results for the year ended 31 December 2025 (FY2025) will be delayed beyond the 31 March 2026 statutory deadline set out in Listing Rule 13.49(1).

The Group and its auditor require more time to complete the FY2025 audit due to three outstanding matters: 1. Pending replies to certain audit confirmations. 2. Ongoing review of final drafts and working papers for valuation reports. 3. Further discussions on the sufficiency of information for the going-concern assessment.

Because of the delay, Hopson Dev Hold faces potential non-compliance with multiple Listing Rules: • Rule 13.49 – delay in publishing audited FY2025 results. • Rule 13.46(2) – expected delay in despatching the FY2025 annual report (original deadline: 30 April 2026).

The board meeting originally scheduled for 31 March 2026 to approve the audited results and consider any final dividend has been postponed until further notice.

Under Rule 13.50, the Stock Exchange normally requests suspension of trading when periodic financial information is not published on time. Hopson Dev Hold expects trading in its shares to be suspended from 9:00 a.m. on 1 April 2026 and to remain halted until the FY2025 audited results are released.

The company is evaluating options, including a possible change of auditor, to expedite resolution of the outstanding issues. Further announcements will be made on the revised timetable for results publication, annual-report despatch, the rescheduled board meeting, and any updates on trading suspension.

Shareholders and potential investors are advised to exercise caution when dealing in Hopson Dev Hold’s securities and to seek professional advice if needed.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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