Recommendation to implement full circulation of H shares for Forest Cabin (02657)

date
20:33 16/03/2026
avatar
GMT Eight
Lam Ching Hin (02657) announced that on March 16, 2026, the Board of Directors has reviewed and approved a proposal to convert 33,570,700 shares of the company's domestic unlisted stocks held by several shareholders into H shares of the company, accounting for approximately 23.6815% of the company's issued share capital as of the date of this announcement. The full circulation of H shares is subject to approval by the China Securities Regulatory Commission and the Hong Kong Stock Exchange after filing.
FOREST CABIN (02657) announcement: On March 16, 2026, the Board of Directors of the company has reviewed and approved the proposal to convert 33,570,700 shares of the company's domestically unlisted shares held by certain shareholders into H shares, representing approximately 23.6815% of the company's total issued share capital as of the date of this announcement. The H shares will be fully tradable after being filed with the China Securities Regulatory Commission and approved by the Hong Kong Stock Exchange.