ALLAN INT'L(00684.HK): Public Float Stands at Approximately 24.04%, Still Below the Mandatory 25% Threshold
NewTimeSpace News: Allan International Holdings Ltd. (00684.HK) released an announcement dated 3 July 2026. As at the date of this announcement, the Company’s public float is 24.04%, falling short of the minimum 25% threshold set out in Rule 8.08 of the Listing Rules. In terms of shareholding structure, Conyers Trustee Services (BVI) Limited holds 46.34%, Mr. Che Shu Wan holds 14.05%, and Mr. Webb and Ms. Webb jointly hold 13.24%.
The Board is evaluating the adoption of a share scheme and maintaining ongoing communications with several major shareholders and core connected parties, aiming to restore the public float as soon as reasonably practicable. A comprehensive restoration blueprint is anticipated to be formulated before the end of Q3 2026.
NewTimeSpace Disclaimer: All content herein is the original work of NewTimeSpace. Any reproduction, reprinting, or use of this content in any other manner must clearly indicate the source as "NewTimeSpace". NewTimeSpace and its authorized third-party information providers strive to ensure the accuracy and reliability of the data, but do not guarantee the absolute correctness thereof. This content is for reference only and does not constitute any investment advice. All transaction risks shall be borne by the user.