GBA Group (00261.HK) completed the placement of 46,569,000 shares, raising approximately $8.61 million Hong Kong dollars.
The GBA Group (00261.HK) announced that all conditions stated in the placement agreement have been met, and the completion took place on September 26, 2025. The placement agents have sold a total of 46.569 million shares at a price of HK$0.20 per share to no fewer than six underwriters, accounting for approximately 16.67% of the company's enlarged issued share capital post-completion. The net proceeds from the placement are estimated to be around HK$8.61 million.
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