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Annual Report
2018
Characteristics of the Growth Enterprise Market (“GEM”) of The Stock Exchange of Hong
Kong Limited (the “Stock Exchange”)
GEM has been positioned as a market designed to accommodate companies to which a higher investment
risk may be attached than other companies listed on the Stock Exchange. Prospective investors should be
aware of the potential risks of investing in such companies and should make the decision to invest only
after due and careful consideration. The greater risk profile and other characteristics of GEM mean that it
is a market more suited to professional and other sophisticated investors.
Given the emerging nature of companies listed on GEM, there is a risk that securities traded on GEM
may be more susceptible to high market volatility than securities traded on the Main Board of the Stock
Exchange and no assurance is given that there will be a liquid market in the securities traded on GEM.
The Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no
responsibility for the contents of this report, make no representation as to its accuracy or completeness and
expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or
any part of the contents of this report.
This report, for which the directors (the “Directors”) of Polyard Petroleum International Group Limited (the
“Company”) collectively and individually accept full responsibility, includes particulars given in compliance with
the Rules Governing the Listing of Securities on the Growth Enterprise Market of the
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