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Miniso: The listing of the trendy toy business by splitting the operations of the TOPTOY brand is still in the preliminary stage.
Golden Ten Data reported on June 6 that MINISO (09896. HK) announced that the company has taken note of certain media reports that the company may plan to spin off the company's specific business and list independently. The Company is conducting a preliminary assessment of the potential spin-off and listing of its trendy toys business operating under the TOPTOY brand with a view to optimizing shareholder value. The proposed plan is preliminary and will depend on a number of factors, including market conditions. There is no guarantee as to the timing, location or other details of the proposed plan. Shareholders and potential investors should exercise caution when dealing in the shares of the Company.