Daido Group Limited filed a Next Day Disclosure Return on 30 April 2026, confirming the allotment of 5.80 million new ordinary shares under a general mandate pursuant to a subscription agreement dated 27 April 2026.
The new shares, issued at HK$2.00 each, expanded Daido Group’s issued share capital (excluding treasury shares) from 44.81 million to 50.62 million shares, representing a 12.9% increase. The placement generated gross proceeds of approximately HK$11.60 million.
No treasury shares were outstanding before or after the transaction, and the company reported no share repurchases or redemptions during the period. The board confirmed that the issuance complied with all Hong Kong Stock Exchange listing rules and regulatory requirements.