Dubai PR Network, Online Press Release from Dubai and Middle East
Filter PR by
Yik Wo International to submit application for transferring of listing to the Main Board
HONG KONG SAR - Media OutReach - 31 May 2023 - Yik Wo International Holdings Limited (HKEx stock code: 8659, the 'Group' or 'Yik Wo') is pleased to announce that on today, the Group submitted a formal application to the Stock Exchange in respect of the Proposed Transfer of Listing to the Main Board, which will not involve any issue of new Shares.

Listed on the GEM in 2020, the Group engages in the design and development, manufacturing and sales of disposable plastic food storage containers. As at 13 December 2022, the Board appointed a financial advisor to evaluate the possibility of transferring the listing from GEM to the Main Board; As at 23 February 2023, the Board has appointed professional parties to proceed with the preparation of application for such transfer, and the formal application has been made to the Stock Exchange at the date of the announcement.

Mr. Xu Youjiang, Chairman and Executive Director of the Group, remarked, 'Yik Wo has been listed on GEM for approximately three years. Thanks to the effort made by the team, the Group has successfully expanded its business and size. Through the Transfer of Listing to the Main Board, we hope to further promote the Group's corporate profile and recognition among the investor public, which would be beneficial to the future growth, financing flexibility and business development of the Group, and will create a long-term value to the Shareholders. The Group will make further announcements in due course to ensure shareholders and potential investors are informed of the progress of the matter.'

Hashtag: #YikWoInternational

The issuer is solely responsible for the content of this announcement.

About Yik Wo International Holdings Limited

Yik Wo International Holdings Limited, listed on GEM in 2020, engages in the design and development, manufacturing and sales of disposable plastic food storage containers, committed to providing reliable and high-standard products to customers. According to the F&S Report, the Group was the top 10 largest disposable plastic food storage container company in the PRC in 2022 in terms of sales revenue. The Group offers over 400 models of products, mainly sold under our 'JAZZIT' brand, with various sizes, designs and shapes, which are primarily sold to customers in the PRC with a small part in overseas countries. In 2022, the Group completed the acquisition to expand its business scope into the film and e-commerce industry.

Yik Wo International Holdings Limited

Posted by : Media Outreach, Jenny
Viewed 0 times
PR Category : Others
Posted on : Thursday, June 1, 2023  11:00:00 AM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Media OutReach

Related Stories

 
 
Most Viewed Press Release posted in the last 7 days
Captivating Circus Shows Mesmerize Visitors at Mercato during Dubai Summer Surprises! [34936-Views]
Turtle Power for Bath and Shower! [26515-Views]
Seven drivers to battle for world championship title in formula e's thrilling season 10 sh... [12911-Views]
Experience the Magic of Mercato: Circus Shows, Comedy Acts, and Shopping Extravaganza This... [11086-Views]
Tawam Hospital Performs Life-Saving Surgery on 15-Year-Old Emirati Boy After Serious Car A... [9286-Views]
Natuzzi Italia Celebrates Italian National Day as Gold Sponsor in Dubai and Abu Dhabi [7843-Views]
UAE, UN discuss SDG cooperation at High-Level Political Forum [7560-Views]
Seek Solace in Silence at InterContinental Maldives Maamunagau Resort this Summer [7236-Views]
First cohort of Emirati Graduate Trainees complete EGA's one-year leadership development p... [7031-Views]
Global Aerospace Summit 2024 set to fast-track greater investments for the future of the a... [6900-Views]
Zayed Sustainability Prize Demonstrates Global Reach and Impact with over 5,900 Submission... [6900-Views]
Ministry of Economy reviews new Competition Regulation law and its role in developing regu... [6630-Views]
Acer unveils new Chromebox Mini for enhanced digital signage solutions [6527-Views]
FIAT celebrates its first 125 years and smiles to the future [6462-Views]
New Ford Raptor T1+ Ready for Rally Raid Terrains – Including Dakar [6388-Views]
USA Basketball Men's National Team Arrives in Abu Dhabi [6088-Views]
44.01 completes $37m Series A investment round [6043-Views]
SITA wins heathrow airport's confidence with contract extension for network infrastructure... [5900-Views]
Beat The Summer Heat with Al Ghurair Centre's Fun Indoor Carnival Activities for Kids [5150-Views]
SailGP announces 2024/2025 Season calendar, a year-long spectacle of high-octane racing an... [5133-Views]
Tron Energy Technology Corporation and MAP-Tron-E, Sign MoU for Taiwanese IP Electric Bus ... [5129-Views]
Mohammed Bin Rashid Library Organises Blitz Chess Tournament in Cooperation with UAE Chess... [5059-Views]
e& UAE announces the winners of ‘SMB Awards 2024' [4908-Views]
Turkish Airlines Commences its Istanbul-Turin Flight Route [4871-Views]
Al Masaood Automobiles Announces Reduced Prices on Nissan Brakes Services [4867-Views]
 
RSS Facebook Twitter LinkedDin DubaiPRNetwork.com on Instagram
 
Top Sections
 
Top Stories