Grand Power Logistics Group Limited (GP LOGISTICS) has released its monthly return for the period ended 31 March 2026, detailing a modest expansion of its equity base.
The authorised share capital remained unchanged at 2.00 billion ordinary shares with a par value of HKD 0.01, equivalent to HKD 20.00 million.
Issued share capital increased by 7.58 million shares during the month, lifting the total outstanding shares from 300.00 million to 307.58 million. The new shares were placed on 6 March 2026 at HKD 0.373 per share under a general mandate approved on 29 May 2025. No treasury shares were created or cancelled in the period.
The company reported no outstanding or newly granted share options; its existing scheme still allows for up to 30.00 million shares to be issued.
GP LOGISTICS confirmed compliance with the Hong Kong Stock Exchange’s minimum public-float requirement of 25 percent for the class of ordinary shares.
Comments