YUFENGCHANG HLD(08631) completes the issuance of 8 million shares of placement shares.

date
12:07 29/01/2026
avatar
GMT Eight
Yufengchang Holdings (08631) announced that all conditions stipulated in the placing agreement have been met, and the placing of shares was completed on January 29, 2026 in accordance with the terms and conditions of the placing agreement. A total of 8 million shares were placed and issued to no fewer than six placing agents at a placing price of HK$0.39 per share. The 8 million shares represent (i) 20% of the existing issued share capital of the company before the placing; and (ii) approximately 16.67% of the enlarged issued share capital of the company after the placement of shares.
YUFENGCHANG HLD (08631) announces that all conditions stipulated in the allocation agreement have been met, and the allocation has been completed on January 29, 2026 in accordance with the terms and conditions of the agreement. A total of 8 million shares were allocated and issued to no less than six subscribers at a price of HK$0.39 per share. The 8 million allocated shares represent (i) 20% of the company's existing issued share capital of 40 million shares before the allocation; and (ii) approximately 16.67% of the enlarged issued share capital after the allocation.