Long Investment Corp expands share base by 9.75% through HKD 0.73/share consideration issue

Bulletin Express

May 04

Long Investment Corp disclosed a 9.75% enlargement of its share capital after issuing 40.60 million new ordinary shares on 4 May 2026. The shares, allotted under a general mandate as consideration for two share purchase agreements signed on 16 April 2026, were priced at HKD 0.728 each, implying gross proceeds of approximately HKD 29.56 million.

Following the issuance, Long Investment Corp’s outstanding share count rose from 416.28 million to 456.88 million. No treasury shares were outstanding before or after the transaction, and the company reported no share repurchases or on-market sales of treasury shares during the period.

The board confirmed that the share issue complied with all relevant Hong Kong Stock Exchange listing rules and regulatory requirements, with full payment received for the new shares and all conditions for listing and dealing fully satisfied.

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