RADIANCE GLO GP (08208) plans to issue a total of 72 million shares at a premium of approximately 5.93%, raising approximately HKD 8.85 million.

RADIANCE GLO GP (08208) announced that on September 8, 2026, the company intends to allot and issue a total of 72 million subscription shares to two subscribers (China Integrative Medicine Education Group Co., Ltd. and China Liming Industry Education Integration Group Co., Ltd.), which represents 10.00% of the company's existing issued share capital as of the date of this announcement and approximately 9.09% of the company's issued share capital after the allotment and issuance of the subscription shares. The subscription price per share is HKD 0.125, which is a premium of approximately 5.93% over the closing price of HKD 0.118 per share on September 8. The total proceeds from the subscription will be HKD 9 million, and the net proceeds will be approximately HKD 8.85 million. The net proceeds raised from the subscription will be used for the following purposes: (A) approximately HKD 3 million (accounting for about 33.90% of the net proceeds from the subscription) is proposed to be reserved for the development of an e-commerce platform and corresponding advertising promotion activities on various platforms to expand the coverage of the brand name and image; (B) approximately HKD 2 million (accounting for about 22.60% of the net proceeds from the subscription) is proposed to be used for the expansion and diversification of civil and structural engineering-related services; (C) approximately HKD 1.95 million (accounting for about 22.03% of the net proceeds from the subscription) is proposed to be used for the development of an art auction business; (D) the remaining balance of the net proceeds (i.e., approximately HKD 1.9 million, accounting for about 21.47% of the net proceeds from the subscription) is proposed to be used for the group's general working capital, including legal and compliance costs, employee costs, rental expenses, and other recurring office expenses of the group as a listed company.