Da Ming Seeks to Restore Public Float

Da Ming International Holdings Limited (HK:1090) has released an update.

Da Ming International Holdings Limited has announced that its public float is approximately 24.631%, which is below the minimum required by the Listing Rules. The company has communicated its intention to address this issue by disposing of some shares held by its major shareholder, Ally Good, to independent third parties, and is consulting with a financial advisor for additional solutions to restore the public float. Shareholders and potential investors are cautioned to exercise care when dealing in the company’s shares.

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