SUNDART HLDGS(01568): The public shareholding is approximately 24.26%
Shengda Group (01568) announced that as of the date of this announcement, the company's public shareholding is approximately 24.26%, still below the minimum public shareholding requirement as specified in rule 13.32B(1) of the Listing Rules. The company's plan to restore public shareholding is being implemented according to the expected timetable announced by the company on March 3, 2026. The company has initiated preliminary discussions with financial advisors, potential underwriters, and other relevant parties, and will finalize and disclose the specific terms of the restoration plan (including a detailed implementation timetable of various milestone stages) within the first half of 2026. The company will make every effort to restore public shareholding by the end of the third quarter of 2026.
SUNDART HLDGS (01568) announced that as of the date of this announcement, the company's public shareholding is approximately 24.26%, still below the minimum public shareholding requirement as stipulated in Rule 13.32B(1) of the listing rules. The company's plan to restore the public shareholding is being implemented according to the expected timeline announced by the company on March 3, 2026. The company has initiated preliminary discussions with financial advisors, potential underwriters, and other relevant parties, and will finalize and announce the specific terms of the restoration plan (including a detailed implementation timeline for each stage milestone) within the first half of 2026. The company will make every effort to restore the public shareholding by the end of the third quarter of 2026.
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