GHW International (HK:9933) has released an update.
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GHW International has announced that the liquidation process of its substantial shareholder, Commonwealth GHW Limited, is underway, which will lead to a redistribution of its 18.61% holdings among existing shareholders. This move is expected to enhance the public float of GHW International, ensuring compliance with the minimum requirements set by the Hong Kong Stock Exchange. Investors might see this as an opportunity to gain a more significant stake in the company’s future growth.
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