Lai Sun Development Reports 19.60% Public Float

Stock News
May 06

Lai Sun Development (00488) announced that, based on public information as of the date of this announcement (May 6, 2026), the company's public float stands at 19.60%. This figure remains below the 25% minimum requirement stipulated by the listing rules, which mandates that 25% of the company's total issued share capital must be held by the public. As disclosed in the announcement, the company is considering measures to restore the public float. These measures include, but are not limited to, discussions with the company's connected persons regarding the sale of a portion of their respective shareholdings. The company anticipates restoring its public float within six months from the date of the announcement.

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