SINOPHARM TECH (08156.HK): Public Float Restored to 25.01% After INED Sale

NewTimeSpace News: On 5 October 2026, Sinopharm Tech Holdings Limited (stock code: 08156) announced that, as informed by Mr. Heung Pik Lun, an independent non-executive Director, and based on the disclosure of interest form filed by him, following an on-exchange disposal of an aggregate of 380,000 ordinary shares of the Company on 5 October 2026, the public float of the Company has become approximately 25.01%, which fulfils the minimum public float requirement of 25.0% prescribed under Rule 17.37B(1) of the GEM Listing Rules.

The announcement showed that the Company had previously issued an announcement dated 16 September 2026 in relation to the public float shortfall. As at the date of the announcement, the Company had 633,693,055 ordinary shares in issue; Integrated Asset Management (Asia) Limited held 321,694,520 shares (approximately 50.76%), Quantum Worldwide Investments Limited held 150,000,000 shares (approximately 23.67%), Mr. Heung Pik Lun held 3,540,000 shares (approximately 0.56%) and public shareholders held 158,458,535 shares (approximately 25.01%).

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