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CLSA Premium Secures Temporary Waiver to Address Public Float Shortfall

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CLSA Premium Secures Temporary Waiver to Address Public Float Shortfall

Confident Investing Starts Here:

The latest update is out from CLSA Premium Ltd. ( (HK:6877) ).

CLSA Premium Limited, a company incorporated in the Cayman Islands, has been granted a temporary waiver by the Hong Kong Stock Exchange to maintain a public float below the required 25% threshold. This waiver, effective from April 1 to May 31, 2025, was necessary after the company’s public float fell to approximately 20.99% following a recent offer. To address this, Beijing Tong Ren Tang (Cayman) Limited sold 80,000,000 shares off-market, increasing the public float to approximately 24.92%. Further updates will be provided as the company works to restore full compliance.

More about CLSA Premium Ltd.

Average Trading Volume: 5,766,288

Technical Sentiment Signal: Buy

Current Market Cap: HK$965.8M

See more data about 6877 stock on TipRanks’ Stock Analysis page.

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