KTP Holdings to restore public float in 1 month

KTP Holdings Limited (0645) announced that the public float of the company has fallen from 27.9% to 21.36%. Accordingly, the company does not comply with the minimum prescribed percentage of 25% as stipulated in the Rules Governing the Listing of Securities. The company will take appropriate steps to ensure that sufficient public float exists for the shares in issue within one month. The Stock Exchange has indicated that it reserves the right to take any disciplinary action for the breaches.

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