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UTS Marketing Solutions Holdings Ltd. ( (HK:6113) ) has issued an update.
UTS Marketing Solutions Holdings Ltd. has been granted a temporary waiver from the Hong Kong Stock Exchange for not meeting the minimum public float requirement of 25%, with only 16.24% of shares held by the public. This waiver is effective from June 13, 2025, to September 13, 2025. Additionally, the company has appointed Emperor Securities Limited as a placing agent to facilitate a private placement of 35,028,000 shares to restore the required public float. This move is part of the company’s efforts to comply with listing rules and maintain its market position.
More about UTS Marketing Solutions Holdings Ltd.
UTS Marketing Solutions Holdings Ltd. is a company incorporated in the Cayman Islands, operating in the marketing solutions industry. The company is listed on the Stock Exchange of Hong Kong and focuses on providing marketing services.
Average Trading Volume: 286,176
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.81B
Learn more about 6113 stock on TipRanks’ Stock Analysis page.