ZYY (08223) has successfully issued a total of 86 million subscribed shares, raising approximately 42.5 million Hong Kong dollars.

date
21:12 16/04/2026
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GMT Eight
Zi Yuan (08223) announced that all conditions stipulated in the subscription agreement have been met, and the subscription has been completed on April 16, 2026 in accordance with the terms and conditions of the subscription agreement. A total of 86 million subscription shares have been allocated and issued to the subscribers, equivalent to 20.00% of the total issued share capital of the company immediately before completion and 16.67% of the total issued share capital of the company after the issue and subscription of the subscription shares.
Company ZYY (08223) announces that all conditions specified in the subscription agreement have been met, and the subscription has been completed on April 16, 2026, in accordance with the terms and conditions of the subscription agreement. A total of 86 million subscribed shares have been allotted and issued to the subscribers, equivalent to 20.00% of the Company's issued share capital immediately before completion and 16.67% of the Company's enlarged issued share capital after the allotment and issuance of the subscribed shares. The net proceeds from the subscription are estimated to be approximately HK$42.5 million (after deducting expenses related to the subscription). The Company intends to use the net proceeds from the subscription for the Group's operating funds, with approximately 20% to be used for ongoing administrative and operating expenses, and approximately 80% to be used for purchasing trading goods for the Group's medical devices and consumables trading business.