Trading in Dongfang's securities on AIM was suspended on Monday in accordance with AIM Rule 1.
The Chinese shipyard now has one month to appoint a replacement nominated adviser or the admission of its securities to AIM will be cancelled.
Dongfang became the first Chinese shipbuilding company to join AIM in August 2011. The company posted a net loss of $3.7m after taxation in the six months ended 30 June 2011. The shipyard is currently struggling with payment defaults to banks.
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