Sprocomm Intelligence (HKG:1401) said at least 25% of its issued shares were in the public's hands as of Nov. 7, and as of the filing date, the company is able to comply with the 25% public float rule, a Tuesday Hong Kong bourse filing said.
The manufacturer and seller of mobile phones and printed circuit board assemblies responded to the results of the Securities and Futures Commission's inquiry into the company's shareholding, which showed that a few shareholders held 91% of the company's issued shares.