Lai Sun Dev Reports Public Float at 19.60%, Continues Efforts to Reach 25% Threshold

Bulletin Express

Apr 02

Hong Kong, 2 April 2026 — Lai Sun Development Company Limited (Lai Sun Dev) confirmed that shares held by the public stand at 19.60%, remaining below the 25% minimum required under Hong Kong Listing Rules.

The group reiterated that it is evaluating measures to raise the free-float ratio, including potential share disposals by connected persons. Management previously targeted completion of the float restoration within six months of the 15 January 2026 disclosure and will issue monthly progress updates until compliance is achieved.

Investors are advised to exercise caution when dealing in Lai Sun Dev shares.

Board composition as of the announcement date: • Executive Directors – Dr. Lam Kin Ngok, Peter (Chairman), Cheung Sum, Sam (Group CFO), Lam Hau Yin, Lester (also alternate to Madam U Po Chu) and Lee Tze Yan, Ernest • Non-Executive Director – Madam U Po Chu • Independent Non-Executive Directors – Lam Bing Kwan; Leung Shu Yin, William; Ip Shu Kwan, Stephen; and Luk Hon Man

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