NUMANS (02530) has announced that the group intends to potentially sell up to all of its LENOVO GROUP shares in the public market, based on prevailing market conditions. The actual consideration for any such sale will be the market price of LENOVO GROUP shares on the respective transaction dates. Given stock market volatility, seizing the best price requires prompt action. It is considered impractical to seek prior shareholder or controlling shareholder approval for each individual sale. To enable flexible disposal of LENOVO GROUP shares at opportune times and prices, thereby maximizing returns for the group, the company proposes to obtain a pre-emptive sale authorization. This would empower the board of directors to sell up to all potential LENOVO GROUP shares during the authorization period. As the potential sales will be conducted via the public market, the company will not be aware of the identity of the buyers in each LENOVO GROUP share transaction, and expects these buyers to be independent third parties.