LESI Group: Share Capital Steady in May 2026; Placement Mandate for up to 100 Million New Shares at HK$0.70 Highlighted

Bulletin Express
Jun 02

LESI Group Limited filed its monthly return to Hong Kong Exchanges and Clearing for the period ended 31 May 2026, confirming that no changes occurred in either authorised or issued share capital during the month.

The company’s authorised share capital remained at 5.00 billion ordinary shares with a par value of USD 0.001 each, equivalent to USD 5.00 million. Issued shares were unchanged at 500.00 million, and the company continued to hold zero treasury shares.

LESI Group affirmed compliance with the Main Board’s minimum 25% public-float requirement, ensuring adequate market liquidity in its stock.

Although no equity was issued in May, the filing reiterated a placing agreement signed on 21 May 2026 with Uzen Securities Limited. The mandate authorises a best-efforts placement of up to 100.00 million new shares to not fewer than six independent investors at HK$0.70 per share, representing potential gross proceeds of approximately HK$70.00 million. As the placement had not closed by month-end, the additional shares are not yet reflected in the outstanding share count.

The company further confirmed that all corporate actions during the month complied with Hong Kong listing rules and relevant regulatory requirements.

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