CHINASHENGMU-PF(01432): CH MODERN D Holdings is actively considering measures to restore the public shareholding of the company.

date
20:45 11/08/2026
avatar
GMT Eight
China Shengmu Organic Milk Limited (PF(01432)) announced that, as disclosed in the announcement, the directors of Modern Dairy Holdings have made both joint and individual commitments to the Stock Exchange, stating that they will take appropriate steps to ensure that the company complies with the requirements of Listing Rule 13.32B as soon as possible.
CHINASHENGMU-PF(01432) has issued a notice. As disclosed in this notice, the directors of CH MODERN D Holdings have made joint and individual commitments to the Stock Exchange, stating that they will take appropriate steps to ensure, as soon as possible, that the company complies with the provisions of Listing Rule 13.32B. The company has been informed that CH MODERN D Holdings is actively considering measures to restore the public float of the company, including but not limited to on-market and off-market sales of shares. After the company releases its interim results for the six months ending June 30, 2026, depending on market conditions at that time, CH MODERN D Holdings will conduct on-market sales of shares and/or seek investors and engage in discussions and consultations regarding the terms and conditions of the sale of shares, aiming to restore the companys public float as soon as practicable in feasible circumstances. Taking into account the historical liquidity of shares on the Hong Kong Stock Exchange, the search for potential investors, and the estimated time required to discuss and implement relevant transaction terms and conditions, the company has been informed that, according to information obtained from CH MODERN D Holdings, it is currently anticipated that the companys public float will be restored to comply with the provisions of Listing Rule 13.32B by the end of June 2027. At the same time, CH MODERN D Holdings and the company will continue to explore other feasible measures to facilitate the restoration of the companys public float, which may include (but are not limited to) issuing convertible or exchangeable equity instruments and/or equity fundraising. As long as the company remains non-compliant with the provisions of Listing Rule 13.32B(2), the company will comply with relevant disclosure requirements under the Listing Rules and will refrain from taking any action that may further reduce its percentage of public float, unless the company can demonstrate exceptional circumstances.