FULLSHARE (00607) intends to discount approximately 20% to issue 127 million subscribed shares, raising a net of approximately HK$1.32 billion.

date
23:02 26/01/2026
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GMT Eight
Foshan Holdings (00607) announced that on January 26, 2026, the company intends to issue 72 million shares and 55 million shares of subscription shares to Mr. Zhang Tao and Mr. Zhang Zhongmin respectively, at a subscription price of HK$1.04 per subscription share, representing a discount of approximately 20% compared to the closing price of HK$1.30 per share reported on the day of the subscription agreement on the Hong Kong Stock Exchange. The net proceeds from the subscription are approximately HK$132 million, intended to be used in full for repaying group loans and payables, business development, and supplementing the group's general operating funds.
FULLSHARE (00607) announced that on January 26, 2026, the company plans to issue 72 million shares to Mr. Zhang Tao and 55 million shares to Mr. Zhang Zhongmin at a subscription price of HK$1.04 per share, representing a discount of approximately 20% from the closing price of HK$1.30 per share reported on the Stock Exchange on the date of the subscription agreement. The net proceeds from the subscription are approximately HK$132 million, which will be used to repay the group's loans and payables, business development, and supplement the group's general operating funds.