CCT Fortis Share Buyback Reduces Public Float

CCT Fortis Holdings Limited (HK:0138) has released an update.

CCT Fortis Holdings Limited has repurchased 4,686,000 of its own shares, inadvertently reducing the public float to below the required 25%, with Chairman Mak Shiu Tong’s shareholding increasing to approximately 75.19%. The company is now taking steps to rectify this and restore the public float above the minimum threshold by 15 November 2024.

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