tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Min Xin Holdings Restores Public Float to Comply with Listing Rules

Story Highlights
Min Xin Holdings Restores Public Float to Comply with Listing Rules

TipRanks Cyber Monday Sale

Min Xin Holdings Limited ( (HK:0222) ) just unveiled an announcement.

Min Xin Holdings Limited has announced the restoration of its public float to approximately 25.03%, fulfilling the requirement under Rule 8.08(1)(a) of the Listing Rules. This was achieved following Citychamp’s disposal of 3,800,000 shares, reducing Mr. Hon’s shareholding to approximately 15.30%. The restoration of the public float is significant for the company’s compliance with listing regulations, potentially impacting investor confidence and market perception.

More about Min Xin Holdings Limited

Average Trading Volume: 240,281

Technical Sentiment Signal: Hold

Current Market Cap: HK$1.4B

For detailed information about 0222 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1