SUPER STRONG (08262) has completed the issuance of 127 million shares, raising approximately 2.3 million Hong Kong dollars.

SUPER STRONG (08262) has announced that all the conditions precedent under the subscription agreement have been fulfilled, and in accordance with the terms and conditions of the subscription agreement, the completion has been implemented on January 9, 2025. Pursuant to the general mandate, the company has issued and allotted a total of 127 million subscription shares to the subscriber at a subscription price of HK$0.019 per subscription share. Following the completion, the subscriber has become a significant shareholder, holding 127 million shares, representing approximately 13.8% of the company's issued share capital. The total proceeds from the subscription are approximately HK$2.4 million, with a net amount of approximately HK$2.3 million. The company will use the net proceeds from the subscription for the general working capital of the group.