Shun Ho Property Investments Ltd (HK: 00219) has announced that its public shareholding stands at approximately 22.59% as of the announcement date.
This level falls below the minimum threshold of 25% for public float as stipulated under Rule 13.32B of the Hong Kong Stock Exchange's Securities Listing Rules, representing a shortfall of about 2.41%.
According to the filing, the company noted the discrepancy and will presumably take steps to address the shortfall in compliance with the listing regulations.