KN HOSPITAL: The minimum public shareholding ratio will be restored by January next year at the latest

AASTOCKS
2026.04.10 01:04

KN HOSPITAL (02120.HK) announced that as of yesterday (the 9th), the company's public float was approximately 24.11%, which is below the minimum requirement of at least 25% of the total issued shares to be held by the public as stipulated in the Hong Kong Stock Exchange Listing Rules Section 8.08 and Section 19A.28B.

The company stated that it has been actively communicating with the China Securities Regulatory Commission regarding the full circulation of shares since February 2026, and it was originally expected that the China Securities Regulatory Commission would complete the filing work related to the full circulation of shares by March 2026. However, based on the company's recent further communication with the China Securities Regulatory Commission, it was indicated that due to a significant increase in their recent workload, they are currently unable to provide a clear timeline for the completion of the relevant filing for the full circulation of shares.

The company expects to restore the minimum public float required by the listing rules by January 2027 at the latest

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