WANKA ONLINE (01762) successfully issued a total of approximately 215 million shares, raising about HK$350 million.
Wan Ka Yi Lian (01762) announced that on March 24, 2026, the company issued a total of approximately 215 million shares to various subscribers under the general mandate, with a revised subscription price of 1.625 Hong Kong dollars per share. The net proceeds amounted to about 350 million Hong Kong dollars, with 60% allocated for potential investments and mergers and acquisitions, 30% for the development of AI business and expansion of overseas operations, and 10% for the group's operating funds.
WANKA ONLINE (01762) announced that on March 24, 2026, the company will issue a total of approximately 215 million shares to various subscribers under the general mandate. The revised subscription price is HK$1.625 per share, raising a net amount of approximately HK$350 million. 60% of the funds will be used for potential investments and mergers, 30% for developing AI business and expanding overseas operations, and 10% for the group's operational funds.
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