NEW CONCEPTS (02221) has completed the issuance of 34.24 million subscribed shares, raising approximately HK$34.11 million net.

date
20:09 06/02/2026
avatar
GMT Eight
Entrepreneur Group Holdings (02221) announced that it has completed the issuance of 34.24 million subscribed shares on February 6, 2026, at a subscription price of 1.0 Hong Kong dollar per share, raising a net amount of approximately 34.11 million Hong Kong dollars. Approximately 20.5 million Hong Kong dollars will be used for repaying overdue bonds, lease payments, and other payables, while approximately 13.6 million Hong Kong dollars will be used for general operational funds of the group.
NEW CONCEPTS (02221) announced that it has completed the issuance of 34.24 million subscription shares on February 6, 2026, at a price of 1.0 Hong Kong dollars per subscription share, raising a net amount of approximately 34.11 million Hong Kong dollars. Approximately 20.50 million Hong Kong dollars will be used to repay overdue bonds and other payable lease and rental expenses; and approximately 13.60 million Hong Kong dollars will be used for the group's general operating capital.