Lai Group Holding Co. Ltd. has announced a placing of up to 160,000,000 new shares under a general mandate. This move aims to raise capital and potentially alter the company's shareholding structure. As outlined, Chun Wah Limited currently holds 23.05% of shares, which is expected to decrease to 19.21% following the placement. Similarly, HK H&Y Group Chain Management Limited's stake is projected to reduce from 27.18% to 22.65%, and Ms. Cai Hui Ting's from 10.53% to 8.77%. The board, led by Chairman and Executive Director Wang Guoping, has confirmed the accuracy of this information, which complies with GEM Listing Rules.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lai Group Holding Co. Ltd. published the original content used to generate this news brief on May 26, 2025, and is solely responsible for the information contained therein.