Lai Fung Holdings Continues Public Float Restoration

Lai Fung Holdings (HK:1125) has released an update.

Lai Fung Holdings Limited has been operating normally since its shares resumed trading on November 11, 2022, but is still in discussions regarding the potential sell-down by core connected persons to restore the public float. No binding agreement has been made concerning the sell-down, and the company will update shareholders quarterly until the public float complies with the Listing Rules. Investors are cautioned that share trading may be suspended if the Stock Exchange finds market disorders or a lack of open market.

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