WEIGAO GROUP (01066): It is suggested to implement full circulation of H shares.
Weigao Group (01066) announced that the board of directors has reviewed and approved the issue of 48.3 million shares held by certain shareholders...
WEIGAO GROUP (01066) announces that the Board of Directors has reviewed and approved the proposal to fully list the 48.3 million unlisted shares held by certain shareholders (equivalent to approximately 1.06% of the total issued shares as of the date of this announcement) of H shares. Upon obtaining all relevant approvals (including the filing notice issued by the China Securities Regulatory Commission and approval from the Hong Kong Stock Exchange) and complying with all applicable laws, rules, and regulations, the 48.3 million unlisted shares will be converted into H shares. The Company will apply to the Hong Kong Stock Exchange for the listing and trading of the H shares on the main board of the Exchange.
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