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Lai Sun Development (00488.HK) Public Float at 19.6%, Below Requirement
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Lai Sun Development (00488.HK) announced that the companys public float currently stands at 19.6%, which remains below the 25% requirement under the Listing Rules. The company is considering proposals to restore the public float, including but not limited to discussing with connected persons of the company to dispose of part of their respective shareholdings. The company expects to restore the public float within six months (from January 15 this year) and will make further announcements in due course. (ss/u) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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