STERLING GP (01825) has completed the placement of a total of 69.12 million shares, raising approximately HK$67.7 million net.

STERLING GP (01825) issued an announcement stating that all conditions set out in the placement agreement have been fulfilled, and the completion was made effective on January 22, 2026. According to the terms and conditions of the placement agreement, the placing agent has placed a total of 69.12 million shares at a placement price of HK$0.10 per share to not less than 6 placees, representing approximately 16.7% of the enlarged issued share capital of the company after the completion of the placement and the issuance of placement shares. After deducting related expenses (including but not limited to placement commission, professional fees, and advances), the net proceeds from the placement are approximately HK$6.77 million, equivalent to a net issue price of approximately HK$0.098 per share.