ALLAN INT'L (00684): Approximately 24.04% of the shares are held by the public.
Aaron International (00684) announced that, to the best knowledge, understanding, and belief of the board of directors, as of the date of this announcement, the company's public shareholding is approximately 24.04%, still below the minimum percentage of 25% as stipulated in Listing Rule 8.08(1)(a).
ALLAN INT'L (00684) announces that as of the date of this announcement, the Company's public shareholding spread is approximately 24.04%, which is still below the minimum requirement of 25% as stipulated in Rule 8.08(1)(a) of the Listing Rules.
The Board has discussed with core connected persons of the Company to consider selling a portion of their respective shareholdings. In light of the recent volatility in the Hong Kong stock market and uncertainties in the global economic outlook, the Company and its core connected persons may need more time to identify potential investors.
The Board is considering engaging a financial advisor to seek advice on any other feasible options to restore the public shareholding spread of the Company. The Company expects to confirm the engagement by April 2026 and restore the public shareholding spread by August 2026.
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