CHINA NEW HLDGS (08125) plans to issue approximately 19.81% of its shares at a maximum of 36.12 million shares, raising approximately HKD 14.27 million.

22:59 23/04/2026

China New Holdings (08125) announced that on April 23, 2026, the company intends to sell up to 36.122 million shares, equivalent to approximately 20% of the total issued share capital of the company on the date of this announcement, and approximately 16.67% of the total issued share capital of the company after the share placement. The placement price is HK$0.425 per share, representing a discount of approximately 19.81% compared to the closing price of HK$0.53 per share on April 23. The net proceeds from the share placement are expected to be approximately HK$142.77 million, which will be used for operational purposes and future investments of the group when opportunities arise. However, as of the date of this announcement, the specific investment targets have not yet been determined.

CHINA NEW HLDGS (08125) announced that on April 23, 2026, the company plans to issue up to 36.122 million shares, equivalent to approximately 20% of the total issued share capital of the company as of the date of this announcement, and approximately 16.67% of the total issued share capital of the company after the issuance. The issue price for the shares is HK$0.425 per share, representing a discount of approximately 19.81% compared to the closing price of HK$0.53 per share on April 23. The net proceeds from the issuance are approximately HK$142.77 million, intended for working capital purposes and future investments of the group when opportunities arise, although specific investment targets have not yet been determined as of the date of this announcement.

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