China Shengmu - PF (01432): Public shareholding is about 12.87%

According to Zhitong Finance App, China Shengmu-PF (01432) issued an announcement. On the date of this announcement, the company's public shareholding volume was about 12.87%, which is still below the minimum public shareholding requirement under section 13.32B of the listing rules. As the Company's public shareholding remains below 15% and the market value of publicly held shares is less than HK$500 million, the Company has a serious shortage of public shareholding as defined in section 13.32F of the Listing Rules.