Yaogao Holdings (01796) issued an announcement. The company was informed by the offender that Huang Hou, the sole director and shareholder of the offender, was exempted...
According to the Zhitong Finance App, Yaogao Holdings (01796) issued an announcement. The company was informed by the offender that Huang Hou, the sole director and shareholder of the offender, needed to fully invest in other businesses during the exemption period and was unable to personally visit the branch office of the Share Registrar and Transfer Office to purchase 316,000 shares offered under the offer. As a result, the offeror has not sold the 316,000 shares directly on the market.
In this regard, the company has applied to the Exchange for a second temporary exemption from strict compliance with section 8.08 (1) (a) and section 13.32 (1) (1) of the listing rules (second exemption).