SUNDART HLDGS (01568) Announces Monthly Update on Public Float Restoration Plan

Bulletin Express03-05

SUNDART HLDGS (01568) issued a monthly update announcing that its public float stands at approximately 24.26%, which remains below the level required by Rule 13.32B(1). The board reaffirmed that the company’s public float restoration plan is proceeding according to the previously announced schedule, with the specific terms and timeline expected to be released in the first half of 2026. The company intends to restore its public float before the end of the third quarter of 2026.

To prevent similar issues, SUNDART HLDGS introduced additional measures to strengthen internal controls, including enhanced securities dealing clearance procedures, periodic reviews of public float positions, and refresher briefings on relevant Listing Rules requirements. The company will continue to publish monthly updates on the restoration plan until the public float meets regulatory standards. Shareholders and potential investors are advised to exercise caution when dealing in the shares.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1196155370?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-05 20:03","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1196155370","market":"hk","top_or_hot":-1,"title":"SUNDART HLDGS (01568) Announces Monthly Update on Public Float Restoration Plan","media":"Bulletin Express","content":"<p>SUNDART HLDGS (01568) issued a monthly update announcing that its public float stands at approximately 24.26%, which remains below the level required by Rule 13.32B(1). The board reaffirmed that the company’s public float restoration plan is proceeding according to the previously announced schedule, with the specific terms and timeline expected to be released in the first half of 2026. The company intends to restore its public float before the end of the third quarter of 2026.</p>\n<p>To prevent similar issues, SUNDART HLDGS introduced additional measures to strengthen internal controls, including enhanced securities dealing clearance procedures, periodic reviews of public float positions, and refresher briefings on relevant Listing Rules requirements. The company will continue to publish monthly updates on the restoration plan until the public float meets regulatory standards. Shareholders and potential investors are advised to exercise caution when dealing in the shares.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SUNDART HLDGS (01568) Announces Monthly Update on Public Float Restoration Plan</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSUNDART HLDGS (01568) Announces Monthly Update on Public Float Restoration Plan\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2026-03-05 20:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SUNDART HLDGS (01568) issued a monthly update announcing that its public float stands at approximately 24.26%, which remains below the level required by Rule 13.32B(1). The board reaffirmed that the company’s public float restoration plan is proceeding according to the previously announced schedule, with the specific terms and timeline expected to be released in the first half of 2026. The company intends to restore its public float before the end of the third quarter of 2026.</p>\n<p>To prevent similar issues, SUNDART HLDGS introduced additional measures to strengthen internal controls, including enhanced securities dealing clearance procedures, periodic reviews of public float positions, and refresher briefings on relevant Listing Rules requirements. The company will continue to publish monthly updates on the restoration plan until the public float meets regulatory standards. Shareholders and potential investors are advised to exercise caution when dealing in the shares.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01568","symbol_name":"承达集团","start_time":0,"source_url":"","article_id":"1196155370","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1196155370","pubTimestamp":1772712225,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"SUNDART HLDGS (01568) issued a monthly update announcing that its public float stands at approximately 24.26%, which remains below the level required by Rule 13.32B(1). The board reaffirmed that the...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"01568":"承达集团"},"translate_title":"承达控股(01568)公布公众持股量恢复计划每月更新","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01568":1},"content_text":"SUNDART HLDGS (01568) issued a monthly update announcing that its public float stands at approximately 24.26%, which remains below the level required by Rule 13.32B(1). The board reaffirmed that the company’s public float restoration plan is proceeding according to the previously announced schedule, with the specific terms and timeline expected to be released in the first half of 2026. The company intends to restore its public float before the end of the third quarter of 2026.\nTo prevent similar issues, SUNDART HLDGS introduced additional measures to strengthen internal controls, including enhanced securities dealing clearance procedures, periodic reviews of public float positions, and refresher briefings on relevant Listing Rules requirements. The company will continue to publish monthly updates on the restoration plan until the public float meets regulatory standards. Shareholders and potential investors are advised to exercise caution when dealing in the shares.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"SGX","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1196155370","isCrawlerRequest":true}