Sino Land Expands Share Base by 1.07% Through Scrip Dividend of 101.65 Million Shares

Bulletin Express
Apr 23

Sino Land Company Limited disclosed a Next Day Disclosure Return on 23 April 2026, confirming the issuance of 101.65 million new ordinary shares under its scrip dividend scheme for the interim dividend of the financial year ending 30 June 2026.

The shares were allotted on 23 April 2026 at HKD 11.502 per share, implying an aggregate nominal value of approximately HKD 1.17 billion. Prior to the issue, Sino Land had 9.48 billion shares outstanding; the new shares represent 1.07% of that base. Following the transaction, the company’s total issued share capital increased to 9.59 billion shares.

No treasury shares were outstanding, and there were no share repurchases or on-market sales of treasury shares reported for the period. The board confirmed that the share issuance complied with all applicable listing rules and regulatory requirements.

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