The Stock Exchange of Hong Kong Limited has taken disciplinary action against Optima Automobile Group Holdings Limited and its executive directors for providing misleading information in their listing prospectus. The Exchange has censured Optima Automobile Group Holdings Limited (Stock Code: 8418) and its Executive Director, Mr Ang Lay Keong, and criticized the company’s Executive Director, Ms Lim Li Ling, and former Executive Director, Ms Tan Peck Luan. The company’s listing prospectus did not disclose a significant decline in its financial performance in the two months leading up to its listing, and the actual listing expenses were higher than forecasted. The directors of the company, including Mr Ang Lay Keong, did not monitor the financial performance or obtain updated financial information. As a result, the Exchange has ordered each director to attend 17 hours of training. The Exchange notes that the company and the directors have agreed to settle the disciplinary proceedings promptly.