UBOX ONLINE (02429) is planning to implement full circulation of H-shares.
YouBao Online (02429) announced that the board of directors has approved the implementation of H shares on November 15, 2024.
UBOX ONLINE (02429) announced that the board of directors has reviewed and approved the proposal to implement the full circulation of H shares on November 15, 2024, by converting 76.3197 million shares of non-listed shares of the company into H shares. After obtaining all relevant approvals (including filing with the China Securities Regulatory Commission) and compliance with all applicable laws, regulations and rules, the 76.3197 million shares of non-listed shares will be converted into H shares, and the company will also apply to the Hong Kong Stock Exchange for approval for the listing and trading of such H shares on the main board of the Hong Kong Stock Exchange. According to the company's Articles of Association, shareholder approval is not required for the conversion and listing at a shareholders' meeting.
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