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Market Cool On GHW International's (HKG:9933) Revenues Pushing Shares 36% Lower
ghw intl (09933.HK): Applying to force sell a major shareholder and distribute their shares in the company.
Equity Review on November 6th ghw intl (09933.HK) announced that on November 6, 2024, the company was informed that an application regarding the liquidation of Commonwealth GHW Limited (which owns 0.186 billion shares of the company as of the date of this announcement) has been submitted. The company also learned that the shares held by Commonwealth GHW will be proportionally distributed to its then shareholders after the liquidation is completed. Based on the information currently available to the board of directors, the directors expect that after the completion of the liquidation and distribution, no less than 25% of the company's issued shares will be held by the public.
GHW International Says At Least 25% Shares Held by Public; Shares Down 26%
GHW International Shareholders Receive SFC Warning on High Concentration of Shareholding
Hong Kong Securities Regulatory Commission: ghw intl (09933) has a high degree of equity concentration.
GHW INTL (09933) announced that the China Securities Regulatory Commission recently inquired about the company's equity distribution...
GHW International (HKG:9933) Could Be Struggling To Allocate Capital
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