The board of CON AERO TECH (00232) has announced that it has noted the recent unusual fluctuations in the company's share price on the Stock Exchange. After making all reasonable enquiries relevant to the company's circumstances, the board confirms that, aside from the information disclosed below, it is not aware of any reasons for these fluctuations, any information that must be disclosed to avoid a false market in the shares, or any inside information requiring disclosure under Part XIVA of the Securities and Futures Ordinance.
The company has recently been in discussions with an independent investor regarding a potential sale. If this sale proceeds, it may have implications for the company under the Takeovers Code.
At the company's request, trading in its shares was suspended on the Stock Exchange from 9:00 a.m. on May 28, 2026, pending the release of this announcement. The company has applied to the Stock Exchange for the resumption of trading in its shares from 1:00 p.m. on May 29, 2026.
Comments