WAN KEI GROUP Shareholder Deposits Shares with Ying Bao Securities International Hong Kong

Stock News
03/02

A recent filing with the Hong Kong Stock Exchange reveals that on February 27, a shareholder of WAN KEI GROUP (01718) deposited shares into an account at Ying Bao Securities International Hong Kong. The deposited shares had a market value of HKD 20.0186 million, representing 20% of the company's issued share capital. Separately, WAN KEI GROUP announced that all conditions under the placement agreement had been fulfilled, and the placement was completed on February 27, 2026. Pursuant to the terms of the placement agreement, the company allotted and issued a total of 50.68 million placement shares to no fewer than six placees at a price of HKD 0.25 per share. This represents approximately 20.00% of the company's existing issued share capital of 253 million shares immediately prior to the completion, and approximately 16.66% of the enlarged issued share capital following the completion of the placement.

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