KTP Holdings public float falls below 25 pct required minimum

KTP Holdings Ltd (0645) said its public float of shares has fallen from 27.9 pct to 21.36 pct. In a statement, the company said its single largest controlling shareholder, Top Source Securities Ltd and its directors plan to take the necessary steps to restore the minimum 25 pct public float within one month. The company said it is currently waiting for an undertaking from Top Source.

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