Summary by Moomoo AI
PANTELEONG INTERNATIONAL HOLDINGS GROUP LIMITED (“PANTELAN INTERNATIONAL”) ANNOUNCED ON JANUARY 18, 2024 THAT THE STABLE PRICE PERIOD FOR ITS SHARE OFFERINGS HAS ENDED AND NO PRICE STABILIZATION ACTIONS HAVE BEEN TAKEN DURING THAT PERIOD. AT THE SAME TIME, THE COMPANY CONFIRMED THAT THE EXCLUSIVE OVERALL COORDINATOR DID NOT HAVE EXCESS ALLOCATED SHARES AND THEREFORE THE EXCESS DISTRIBUTION OPTION ALSO EXPIRED ON THE SAME DAY. FTA said that after completing the share offering, it will continue to comply with the public shareholding requirements of Section 8.08 (1) (a) of Listing Rules. This announcement was made by Mr. Wang Quan, the Company's Chairman and Executive Director, on behalf of the Board.