FIT Hon Teng Limited (6088) Announces Update on Public Float Requirements

Bulletin Express
01/30

FIT Hon Teng Limited (the “Company”) announced that, with effect from January 1, 2026, reliance on the Alternative Threshold under the Listing Rules has replaced the Initial Prescribed Threshold for compliance with the minimum public float requirement prescribed under Rule 13.32B. The Company explained that this approach provides flexibility in administering its restricted share award scheme.

According to the announcement, amendments to Rule 8.24 of the Listing Rules became effective on August 4, 2025, leading to certain ungranted shares held by the trustee of the Company’s restricted share award scheme no longer being regarded as part of the public float. As a result, the public float fell below the former 20.48% threshold and stood at approximately 20.43% as of January 1, 2026. The Company will use the Alternative Threshold moving forward to ensure its continuing compliance with the Listing Rules.

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