Wasion Holdings lifts issued share capital by 5.02% through HKD 30 placement, total share count reaches 1.05 billion

Bulletin Express04-30

Wasion Holdings Limited (Wasion) filed its Monthly Return for the period ended 30 April 2026, detailing a placement-driven expansion of its share base.

Key transaction • On 21 April 2026, the company issued 50.00 million new ordinary shares at HKD 30 per share under a placing/subscription arrangement. • The placement represents approximately 5.02% of the 995.88 million shares outstanding at the end of March, taking the issued share count to 1.05 billion.

Capital structure • Issued shares (excluding treasury stock) rose from 995.88 million to 1.05 billion. • No treasury shares were held as of 30 April 2026. • Authorised share capital remained unchanged at 100.00 billion ordinary shares with a par value of HKD 0.01, equivalent to HKD 1.00 billion.

Pricing and proceeds • The placement price of HKD 30 implies gross proceeds of approximately HKD 1.50 billion, before expenses.

Regulatory compliance • The company confirmed compliance with the Hong Kong Stock Exchange’s minimum 25% public-float requirement following the share issue.

No options, warrants, convertibles or other equity-linked instruments were reported for the month.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment