Imperial Pacific International Holdings, the parent company of embattled Saipan casino operator Imperial Pacific International (CNMI) LLC, has confirmed its shares will officially be delisted as of 17 June 2024 following an order from the Hong Kong Stock Exchange.
In a filing, IPI said it had received a letter from the Stock Exchange informing it that the last day of listing of the company’s shares would be 14 June 2024, with the listing to be cancelled with effect from 9am on 17 June. This follows the discontinuation of judicial review proceedings launched by IPI in February through which it had argued against the decision by the…