New City Construction Development (00456.HK) plans to issue a total of 27.649 million shares at a discount of approximately 12.24%, raising a net amount of approximately 10.013 million Hong Kong dollars.

The Zhitong Finance and Economics APP News, New City Construction Development (00456.HK) issued an announcement on May 4, 2026. According to the subscription agreement between the Company and the subscriber, the Company agrees to issue (pursuant to its general mandate) and the subscriber agrees to subscribe for a total of 27.649 million shares of subscription shares at a subscription price of HK$0.373 per share.