SEHK may delist China Oriental (0581) in 6 months

This threat can only hurt the public shareholders who own 7.9% and have had their investment frozen since 29-Apr-2014 on the grounds that the float is too small. At the suspended price, the public float is worth HK$269m, larger than in many other listed companies. Ironically, SEHK blames the company for "depriving shareholders of trading their shares". Look in the mirror, SEHK, it's your rule. Scrap it.

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CHINA ORIENTAL GROUP COMPANY LIMITED

Topics

Listing rules
Public float

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