Lioncrest Holdings Limited (02562.HK): Exercise of Promoter Shareholding Rights.

Capital Securities APP News, Lion Teng Holdings (02562.HK) announced that the special purpose acquisition company merger transaction has been completed. With regards to the special purpose acquisition company merger transaction, (1) after the satisfaction of certain conditions set forth in the promoter's commission and lock-up agreement, the promoter has been granted the right to issue and distribute promoter's commission shares.