Summary by Moomoo AI
China Uniplastic Group Holdings Limited announced that its subsidiary EDA Group Holdings Limited (formerly Yidawun Technology Holdings Limited) intends to be listed independently on the main board of the United Stock Exchange of Hong Kong. The Board of Directors has set a record date of 13 May 2024 (Monday) for determining the guaranteed quota of EDA shares for global offering and will suspend share transfer registration on that date. The last trading date for eligible shareholders is Wednesday, May 8, 2024. The proposed demerger is subject to a number of conditions, including the approval of the Listing Committee, the final decision of the Board and EDA Board and shareholders, market conditions, and therefore the demerger may or may not take place. Shareholders and investors should note that a split is not guaranteed to take place. The Company will publish a separate announcement as appropriate, providing details of the split.