VC Holdings (00821): Rights Issue Validity Accepted at Approximately 9.86%

Stock News
2025/10/17

VC Holdings (00821) announced that all conditions related to its rights issue have been met, and the rights issue became unconditional on October 13, 2025 (Monday). As of the final acceptance deadline at 4:00 PM on October 10, 2025 (Friday), 15 valid acceptance notices were received covering 43.79 million shares, which is approximately 8.85% of the total 495 million shares available for subscription. Additionally, 14 valid applications for extra rights shares were garnered, encompassing 4.99 million shares, accounting for about 1.01% of the total subscription shares. The total number of valid acceptances and applications received was 29, totaling 48.79 million shares, or approximately 9.86% of the total shares available for subscription. The total proceeds from the rights issue are estimated to be around HKD 21.9532 million. Consequently, there are still approximately 446 million rights shares unsubscribed, representing about 90.14% of the total shares available for subscription.

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