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Lisi Group’s New Share Issue and Board Appointment

Lisi Group’s New Share Issue and Board Appointment

Lisi Group (Holdings) Limited (HK:0526) has released an update.

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Lisi Group Holdings Limited has announced a conditional agreement under the General Mandate to issue 800 million new shares at HK$0.076 each, representing about 9.05% of the post-issue enlarged share capital. Additionally, the company will appoint Ms. Li Jialu as vice chairlady of the Board and an executive Director, effective from 15 November 2024, subject to the completion of the Subscription Agreement.

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