Keto Shares (02272) said it plans to implement H-share full circulation and filed an application with the China Securities Regulatory Commission yesterday to convert all of its issued unlisted shares into H shares listed on the Main Board of the Hong Kong Stock Exchange, according to ETNet.
The company said the conversion covers about 2.857 million unlisted shares. After obtaining all required approvals, including filings with or approvals from the CSRC and the Hong Kong Stock Exchange, it will apply for the listing and trading of the relevant H shares on the Main Board. The implementation timetable has not been finalised.