There is only one thing for this stock to fulfill minimum free float 15%, is mark up the share price and make it liquid then refloat to public rather than follow Exit Policy, the UBO (Ultimate Beneficiary Owner) should buyback public shares.
The reasons are :
1. As a public listed company, if UBO wants to divest their shares, they just pay 0.1% Final Sales Tax
2. Go Private, as a private company if UBO wants to sell their shares, they must pay 22% corporate income tax of capital gain.
So Refloat is The Best Choice.
Peter Lynch :
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Stay within your circle of competence
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Jia You
Uraaa
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