PATEO CONNECT(02889.HK): Proposed Full Circulation of H Shares Involving Approximately 71.7 Million Domestic Shares

NewTimeSpace News: PATEO CONNECTannounced on 13 July that upon approval by the Board of Directors, the Company proposes to convert 71,697,821 domestic shares into H shares to realise full circulation of H shares.

NewTimeSpace News: On 13 July 2026, PATEO CONNECT(02889.HK) issued an announcement that the Company plans to convert 71,697,821 domestic shares into H shares for full H-share circulation.

Upon completion of the full H-share circulation scheme, such shares will be converted into H shares eligible for listing and trading on the Main Board of the Hong Kong Stock Exchange. Pursuant to the Company’s Articles of Association, no further shareholder approval is required for this full H-share circulation arrangement.

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.

×
Share to WeChat

Open WeChat, use the "Scan", and share to my Moments.