China Huajun Group Limited Issues Clarification on New Share Subscription Under General Mandate

Reuters
Jul 17
China Huajun Group Limited Issues Clarification on New Share Subscription Under General Mandate

China Huajun Group Limited issued a supplemental and clarification announcement regarding the subscription of new shares under a general mandate. The company disclosed that 22.06% of the issued share capital, as enlarged by the new subscription shares, will be held by the public, falling short of the 25% minimum public float requirement set by the Listing Rules. The announcement clarifies that this information does not affect other details previously disclosed.

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