ALCO HOLDINGS Successfully Places 126 Million Unsubscribed Shares

Deep News

07/12

The board of ALCO HOLDINGS (00328) has announced that, as of 6:00 p.m. on Friday, July 3, 2026, which was the final deadline for the placing agent to place the shares, a total of 126 million unsubscribed shares and shares from ineligible shareholders have been successfully placed under the placing arrangement at a price of HK$0.55 per share, which is equivalent to the subscription price.

Consequently, there are no net proceeds available for distribution to non-acting shareholders and ineligible shareholders from this placing transaction.

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