San Tong Holdings (08305.HK) plans to offer a 24.0% discount to issue a total of 110 million capitalization shares to partially repay debts.

Intelligence Finance APP News, Shengtang Holdings (08305.HK) announced that on September 26, 2025, the company (as the issuer) entered into a capitalization agreement with Mr. Xiang Xin, chairman and executive director of the board of directors (as the subscriber). Accordingly, the company has conditionally agreed to issue and distribute a total of 110 million capitalization shares at a price of HK$0.285 per capitalization share, representing a discount of 24.0%, to settle the company's outstanding part of the unpaid amounts owed to Mr. Xiang Xin. The subscription amount of HK$31.35 million payable by Mr. Xiang Xin under the capitalization agreement will be offset against the equivalent amount of the outstanding unpaid amounts.