Popular Sweet Foods (01699) has not received any information or further developments regarding the freezing of shares.
Wisdom Financial News APP, Putien Food (01699) issued an announcement. As of the date of this announcement, following the appointment of the receiver, in the event that the receiver exercises its rights to sell pledged shares to other third-party buyers, if any buyer and persons acting in concert with them acquire 30% or more of the voting rights of the Company, the relevant sale may trigger a mandatory general offer under the Takeover Code. As of the date of this announcement, apart from the above-mentioned, the Company has not received any information or further developments regarding the pledged shares.
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