TRADEGO (08017) completed a further capital increase of HKD 30 million for TGM.
Jefferies Financial Group (08017) announced that the Board of Directors of the Company is pleased to announce that, following the Company's indirect wholly-owned subsidiary's...
The board of directors of Traedgo (08017) is pleased to announce that following two previous capital increases totaling HK$83 million in its indirect wholly-owned subsidiary, TradeGo Markets Limited (TGM), the company has completed a further capital increase of HK$30 million for TGM on November 20, 2025 (this capital increase). After this capital increase, TGM's paid-up capital has reached HK$150 million, and the company's shareholding in TGM remains unchanged.
TGM is a licensed entity under the Securities and Futures Ordinance in Hong Kong, holding licenses No. 1 and No. 7, allowing it to engage in regulated activities such as securities trading and providing automated trading services. According to the group's interim performance disclosure for the six months ended September 30, 2025, TGM has shown outstanding performance, with revenue reaching approximately HK$449 million, a nearly 400% increase from the same period last year, making it one of the core drivers of the overall performance improvement of the group.
This capital increase will inject strong momentum into the business development of TGM: on one hand, the enhancement of capital strength will significantly increase TGM's risk resilience and business carrying capacity, providing a solid foundation for expanding its IPO underwriting and margin lending business; on the other hand, the strengthening of the capital base will further enhance TGM's market competitiveness and industry position, creating favorable conditions for it to explore new business areas. The board of directors believes that this capital increase will lay a solid foundation for TGM's future performance growth, aligning with the best interests of the company and its shareholders.
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