ALLAN INTERNATIONAL HOLDINGS (00684.HK): Public Float Still Below 25%, Recovery Plan Expected to Be Formulated Before End of Q3

NewTimeSpace News: ALLAN INTERNATIONAL HOLDINGS announced on August 4 that as at the date of the announcement, the company’s public float stood at 24.04%, still below the minimum 25% requirement stipulated under the Listing Rules. The Board is considering adopting a share scheme and expects to formulate a detailed recovery plan before the end of the third quarter of 2026.

NewTimeSpace News: On 4 August 2026, ALLAN INTERNATIONAL HOLDINGS (00684.HK) announced that as at the date of the announcement, the company’s public float was 24.04%, remaining below the threshold requiring 25% of all issued share capital to be held by the public as set out in the Listing Rules.

ALLAN INTERNATIONAL HOLDINGS stated that the Board is considering adopting a share scheme and continues discussions with several substantial shareholders and core connected persons to seek to restore the public float as soon as practicable. It expects to finalise a detailed recovery plan before the end of the third quarter of 2026.

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