Putian Foods (01699) issued an announcement. As of the date of this announcement, following the appointment of a receiver, if the receiver exercises its right to sell encumbered shares to another third party buyer, if any buyer and person acting in concert with them buys 30% or more of the company's voting rights, the sale may trigger a mandatory comprehensive offer under the Takeover Code. As of the date of this announcement, the Company has not received any news or further developments relating to the encumbered shares other than those described above.
Furthermore, trading of the company's shares continues to be suspended.