GBA Holdings (00261) plans to issue a 12.66% rights issue at a maximum net fundraising of approximately HKD 8.61 million.

GBA HOLDINGS (00261) announced that on September 3, 2025, the company plans to issue up to 46,569,000 shares for subscription, equivalent to approximately 16.67% of the total number of issued shares after the issuance of new shares. The subscription price for each share is HK$0.200, representing a 12.66% discount from the closing price of HK$0.229 per share on September 3. Assuming all the subscription shares are fully allotted, the expected total proceeds from the subscription are HK$9.31 million, with an estimated net proceeds of approximately HK$8.61 million. The company intends to utilize the entire net proceeds from the subscription for the general working capital and/or development of new businesses of the group.