SunCorp Technologies Limited (SUNCORP TECH) has released its resubmitted Monthly Return for the period ended 31 August 2026, detailing significant adjustments to both authorised and issued share capital.
Authorised capital realigned • The number of authorised ordinary shares contracted from 100.00 billion to 20.00 billion, a reduction of 80.00 billion shares (-80%). • Concurrently, the par value per share rose from HKD 0.006 to HKD 0.03. • Total authorised share capital remained unchanged at HKD 600.00 million, indicating a re-denomination of share capital rather than a change in aggregate amount.
Issued share base reduced • Issued ordinary shares (excluding treasury shares) fell from 1.54 billion to 307.71 million, representing a decline of 1.23 billion shares (-80.0%). • No treasury shares were outstanding or transacted during the month, leaving total issued shares equal to the outstanding figure of 307.71 million.
No new equity-linked instruments • The 2025 Share Option Scheme reported zero outstanding options and no issuances during August 2026. • The company confirmed there were no warrants, convertible securities, or other agreements that could lead to additional share issuance.
Public float intact SunCorp Technologies affirmed compliance with the Main Board’s minimum public float requirement of 25%, despite the substantial contraction in share count.
Governance confirmation The filing states that all relevant authorisations, regulatory conditions and statutory filings associated with the month’s share movements have been duly completed.