MIN XIN HOLD (00222) Restores Public Float Compliance
Stock News
Jul 16
MIN XIN HOLD (00222) announced that Guancheng Zhongbiao divested 3.8 million shares, equivalent to 0.64% of total issued shares. Post-transaction, holdings controlled by Mr. Han through Guancheng Zhongbiao, Haidian-Creation International Limited, and Fudi Caifu decreased to 91.37 million shares, representing 15.30% of total issued capital. Based on available information and directors' confirmation, the company's public float subsequently reached approximately 25.03%. This restoration satisfies the minimum threshold under Rule 8.08(1)(a) of Hong Kong's Listing Rules.
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