GHW INTL (09933.HK) announced on November 6th that the company has been informed that an application has been submitted regarding the liquidation of Commonwealth GHW Limited (which owns 0.186 billion shares of the company as of the date of this announcement) on November 6, 2024. The company has also been informed that the shares held by Commonwealth GHW will be proportionally distributed to its then shareholders after the liquidation is completed.
Based on the current information available to the board of directors, the directors expect that after the liquidation and distribution is completed, no less than 25% of the company's issued shares will be held by the public, and the company's public shareholding will be restored to the minimum specified percentage as stipulated in Rule 8.08(1)(a) of the Listing Rules of The Stock Exchange of Hong Kong Limited.