Bright Clear Holdings (08603. HK) successfully issues 18.92 million shares, raising approximately 46.71 million Hong Kong dollars.
Intelligent Finance and Economics APP News, Bright Clear Holdings (08603.HK) announced that all conditions of the subscription agreement have been met, and the subscription has been completed on December 5, 2025. According to the terms and conditions of the subscription agreement, a total of 18.92 million subscription shares have been issued and issued to subscribers at a subscription price of HK$2.61 per share, equivalent to approximately 2.31% of the total number of shares issued and issued after the completion of the subscription.
The net proceeds of approximately HK$46.71 million from the subscription will be used for the following purposes: approximately HK$35 million for payment of employee costs, including salaries, wages, commissions, bonuses, allowances, and contributions to retirement benefit plans; approximately HK$6 million for payment of rental expenses and property management fees; and approximately HK$5.71 million for other business and company expenses, including marketing and promotional expenses, office and general administrative expenses.
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