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  UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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  FORM 12b-25 SEC FILE NUMBER
   
     
    CUSIP NUMBER
  NOTIFICATION OF LATE FILING  

 

(Check one): ☐ Form 10-K           ☒ Form 20-F           ☐ Form 11-K           ☐ Form 10-Q           ☐ Form 10-D
☐ Form N-CEN       ☐ Form N-CSR
   
  For Period Ended: July 31, 2020
☐ Transition Report on Form 10-K
☐ Transition Report on Form 20-F
☐ Transition Report on Form 11-K
☐ Transition Report on Form 10-Q
 
For the Transition Period Ended: ____________________

Read Instruction (on back page) Before Preparing Form. Please Print or Type. 
Nothing in this form shall be construed to imply that the Commission has verified any information contained herein. 

If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:

 

PART I — REGISTRANT INFORMATION

 
HIGHWAY HOLDINGS LIMITED
Full Name of Registrant
 
 
Former Name if Applicable
 
Suite 1801, Level 18, Landmark North 39 Lung Sum Avenue
Address of Principal Executive Office (Street and Number)
 
Sheung Shui New Territories, Hong Kong
City, State and Zip Code

 

 

 

PART II — RULES 12b-25(b) AND (c)

If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate)

    (a)

The reason described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;

 

    (b)

The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-CEN or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and

 

    (c) The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.

PART III — NARRATIVE

State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-CEN, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period. (Attach extra Sheets if Needed)

Highway Holdings Limited is unable to file its Annual Report on Form 20-F by July 31, 2020 because it has been delayed in providing its independent auditors with financial information located at registrant’s Hong Kong, Shenzhen China, and Yangon Myanmar offices. The delays were caused, in large part, due to restrictions imposed as a result of the COVID-19 pandemic, which delay could not be eliminated by the registrant without unreasonable effort and expense. In accordance with Rule 12b-25 of the Securities Exchange Act of 1934, as amended, the registrant will file its Form 20-F no later than the fifteenth calendar day following the prescribed due date.

 PART IV — OTHER INFORMATION

(1) Name and telephone number of person to contact in regard to this notification
 
   Alan Chan, Chief Financial Officer   011 (852)   2344-4248 
  (Name)   (Area Code)   (Telephone Number)
 
(2) Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If answer is no, identify report(s).
 
  Yes  ☒     NO  ☐
 
   
 
(3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?
 
  Yes  ☒     NO  ☐
 
 

If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.

 

Registrant’s net income for the fiscal year ended March 31, 2020 is expected to be between $500,000 and $700,000 compared with a net loss of $630,000 a year earlier.

 

 

HIGHWAY HOLDINGS LIMITED

has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.

Date:   July 31, 2020   By: /s/ /s/ Alan Chan
      Name: Alan Chan
      Title: Chief Financial Officer

 

 

INSTRUCTION: The form may be signed by an executive officer of the registrant or by any other duly authorized representative. The name and title of the person signing the form shall be typed or printed beneath the signature. If the statement is signed on behalf of the registrant by an authorized representative (other than an executive officer), evidence of the representative’s authority to sign on behalf of the registrant shall be filed with the form.

 

ATTENTION 
Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001). 

 

 

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