Sunshine Oil (02012) filed its Monthly Return for the period ended 31 May 2026, confirming that total issued ordinary shares remained unchanged at 711.35 million. No treasury shares were held, and the Hong Kong Exchange’s 25% public-float requirement was met.
The company highlighted two yet-to-be-completed equity transactions:
1. Acquisition Consideration Shares • Transaction: Purchase of 51% of Nobao Technology Co., Limited from Nobao Energy Holding (China) Company Limited. • Consideration: HK$50.92 million, to be settled by issuing 56.98 million new shares at HK$0.895 each. • Status: Specific mandate approval required; no shares issued as of 31 May 2026.
2. Placement Shares • Proposed issue: 114.28 million new shares at HK$0.36 each. • Gross proceeds: HK$41.14 million. • Status: Pending shareholder approval under a specific mandate; no shares issued as of the reporting date.
The return shows no outstanding share options, warrants, convertibles or other equity instruments, and no share repurchases or cancellations during the month. Executive Chairman Kwok Ping Sun signed the submission on 1 June 2026.