Riverine China's Public Below 25% Threshold, Plans Compliance

MT Newswires Live
Sep 25

Riverine China Holdings (HKG:1417) said its public float is currently at 23.85%, below the 25% threshold mandated by the securities regulator, according to a Thursday bourse filing.

The company said will look into disposing shares held by certain substantial shareholders, among other measures, to comply with the listing rules

Riverine China expects to meet the public float requirement in the next six months.

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