WAN LEADER (08482) plans to issue 44.92 million shares to CEO, executive director and chairman, Mr. Luke Yee, raising approximately HK$4.55 million.

date
22:09 16/07/2026
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GMT Eight
Wanli Industrial (08482) announced that on July 16, 2026, the company plans to issue and distribute 44.922 million subscription shares to the subscriber (Mr. Luke Yee, the company's executive director and chairman of the board), equivalent to approximately 25% of the company's existing issued share capital as of the date of this announcement; and approximately 20% of the company's enlarged issued share capital after the completion of the issuance and distribution of subscription shares.
WAN LEADER (08482) announces that on July 16, 2026, the company plans to issue and distribute 44,922.2 million subscription shares to the subscriber (Mr. Luke Yee, the company's CEO, executive director, and chairman of the board), equivalent to approximately 25% of the company's existing issued share capital as of the announcement date; and approximately 20% of the company's issued share capital after the completion of the issuance and distribution of the subscription shares. The subscription price for each subscription share is HK$0.104. The total proceeds from the subscription will be approximately HK$46.7 million, with an estimated net amount of approximately HK$45.5 million. The proceeds are intended to be used for the following purposes: (i) approximately HK$3 million to support the salary expenses of operational staff for the expansion of logistics routes; (ii) approximately HK$1.55 million for the replenishment of working capital and general business operations.