Lai Group Holding Co. Ltd. Announces Placing of 160 Million New Shares Under General Mandate
Lai Group Holding Co. Ltd. has announced a placing of up to 160,000,000 new shares under a general mandate. This move aims to raise capital and potentially alter the company's shareholding structure. As outlined, Chun Wah Limited currently holds 23.05% of shares, which is expected to decrease to 19.21% following the placement. Similarly, HK H&Y Group Chain Management Limited's stake is projected to reduce from 27.18% to 22.65%, and Ms. Cai Hui Ting's from 10.53% to 8.77%. The board, led by Chairman and Executive Director Wang Guoping, has confirmed the accuracy of this information, which complies with GEM Listing Rules.
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