CENTURY GP INTL (02113) plans to issue a total of 161 million subscription shares at a discount of approximately 19.4%, raising about HK$43.3 million net.

date
22:37 02/09/2026
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GMT Eight
Century Group International (02113) announced that on September 2, 2026, the company entered into a subscription agreement with the relevant subscribers, pursuant to which the company will allot and issue 40,237,500 shares at the subscription price, and the subscribers will collectively subscribe for a total of 161 million subscription shares.
CENTURY GP INTL (02113) announced that on September 2, 2026, the company entered into a subscription agreement with certain subscribers, pursuant to which the company will issue and allot shares at the subscription price, and the subscribers will subscribe for 40.2375 million shares. The subscribers will collectively subscribe for a total of 161 million subscription shares. The subscription shares represent (i) 20.0% of the issued share capital of the company as of the date of this announcement; and (ii) approximately 16.7% of the issued share capital of the company after the allotment and issuance of the subscription shares. The total par value of the subscription shares is HKD 1.6095 million. The subscription price is HKD 0.27 per subscription share, a discount of approximately 19.4% to (i) the closing price of HKD 0.335 per share reported on the last trading day on the Stock Exchange; and a premium of approximately 37.3% to (ii) the average closing price of HKD 0.196 per share reported on the last five consecutive trading days prior to the date of the subscription agreement. The total amount expected to be raised from the subscription is approximately HKD 43.6 million (calculated based on the subscription price of HKD 0.27 per subscription share). The net proceeds from the subscription (after deducting related professional fees and expenses) are expected to be approximately HKD 43.3 million, and the net proceeds per subscription share will be approximately HKD 0.269. The company intends to use the net proceeds from the subscription for business development and as general working capital.