China Huajun Group Limited reported in its latest announcement that the current public float is about 15.68%, which remains under the minimum requirement set out in Rule 13.32B(1) of the Listing Rules. The company expects the issue and allotment of new shares under a Scheme to be completed around June 2026, subject to finalization of creditor claims.
The existing share capital is approximately 61.54 million shares, with Huajun Group Limited holding around 72.22%. The total insider stake is about 73.63%, while other shareholders account for roughly 15.68%. Upon completion of a proposed subscription, the issuance is expected to bring the total to around 73.54 million shares, with a new subscriber holding about 16.32%. Following the further allotment of Scheme Shares to Option A creditors, the total would increase to roughly 98.14 million shares, while Huajun Group Limited would hold around 45.29%. The company will continue issuing monthly announcements to keep shareholders and market participants informed of the progress in restoring its public float.
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