SC Holdings Maintains 13.22 Billion Issued Shares in March; Public Float Requirement Met

Bulletin Express
Apr 01

South China Holdings Company Limited (SC Holdings) filed its Monthly Return on Movements in Securities for the period ended 31 March 2026, confirming stable capital structure and compliance with Hong Kong Stock Exchange public float rules.

Authorised and Issued Capital • Authorised share capital remained unchanged at 20.00 billion ordinary shares (HKD 0.01 par value) and 3.00 billion redeemable convertible preference shares (HKD 0.02 par value), equivalent to HKD 260.00 million in aggregate par value. • Issued ordinary shares stood steady at 13.22 billion; no treasury shares were held or cancelled during the month. • Issued redeemable convertible preference shares were unchanged at 109.98 million.

Public Float SC Holdings confirmed compliance with the Main Board’s 25% minimum public-float requirement as at 31 March 2026.

Equity-Linked Instruments • Share Option Scheme (adopted 20 June 2023): No options were outstanding or exercised during March. The scheme permits issuance of up to 1.32 billion ordinary shares, representing roughly 10.0% of current issued ordinary share capital. • Redeemable Convertible Preference Shares: HKD 87.98 million in preference shares remain outstanding. Full conversion at HKD 0.40 per share would add up to 219.95 million ordinary shares, or approximately 1.66% potential dilution relative to existing ordinary shares.

No warrants, other option arrangements, share repurchases, or treasury share movements were reported for the month.

The company’s board and secretary confirmed that all statutory filings and listing rule requirements have been met for the reporting period.

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