ALLAN INT'L Reports Public Float at 24.04%

Stock News
Feb 06

ALLAN INT'L (00684) announced that as of the date of this notice, the company's public shareholding stands at 24.04%, which remains below the 25% minimum requirement set by listing rules for publicly held shares of the total issued share capital. The company is currently seeking a financial advisor to provide counsel on alternative viable options to restore its public float. It anticipates finalizing the appointment by April 2026 and reinstating the public shareholding level by August 2026. The company will continue to issue regular updates to shareholders and potential investors regarding the status of its public float and any measures being considered to expedite its restoration.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10