ALCO HOLDINGS (00328) has announced the successful completion of a placement for 126 million unsubscribed shares and shares not sold by ineligible shareholders.

The placement was executed at a price of HK$0.55 per share, which matches the original subscription price, with the final deadline for the placing agent being 6:00 p.m. on Friday, July 3, 2026.

As a result of this placement, there are no net proceeds available for distribution to the non-acting shareholders and the ineligible shareholders under the terms of the share placement arrangement.