Wai Hung Group lifts share capital by 20% via HKD0.039 placing of 121.12 million new shares

Bulletin Express

Mar 20

Wai Hung Group Holdings Limited disclosed that it completed a share placing on 20 March 2026, issuing 121.12 million new ordinary shares at HKD 0.039 each.

The transaction expanded the company’s issued share capital from 605.58 million to 726.70 million shares, representing a 20% increase. Based on the stated placing price, the gross proceeds amount to approximately HKD 4.72 million (USD 0.60 million).

No treasury shares were outstanding before or after the placing, and the company reported no share repurchases, redemptions or on-market sales of treasury shares during the period.

The board confirmed that the share issue was properly authorised and executed in full compliance with Hong Kong Listing Rules and all other applicable regulatory requirements.

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