Rongji Wantong (08125) has completed the placement of 20.6821 million shares, raising approximately HKD 7.41 million.

date
22:37 18/08/2026
avatar
GMT Eight
Rongji Wantong (08125) announced that all conditions stated in the placement agreement have been fulfilled, and the placement has been completed on August 17, 2026, in accordance with the terms and conditions of the placement agreement. The placing agent has successfully placed 20.6821 million shares at a placement price of HKD 0.385 per share to no fewer than six placees, representing approximately 9.54% of the company's issued share capital immediately following the completion of the placement.
Rongji Wantong (08125) announced that all conditions set forth in the placement agreement have been met, and the placement has been completed on August 17, 2026, in accordance with the terms and conditions of the placement agreement. The placement agent successfully placed 20,682,100 shares at a placement price of HKD 0.385 per share to no fewer than six placees, representing approximately 9.54% of the issued share capital of the company immediately after the completion of the placement. The net proceeds from the placement (after deducting the placement commission and other related expenses, including professional fees) are approximately HKD 7.41 million, which is intended to be used for (i) the working capital of the Groups financial services business (ii) the working capital of the Groups engineering business (iii) general corporate and administrative expenses.