Hong Kong stock exchange data reveals that on January 8, a shareholder of PROSP GP INTL (01421) transferred shares from Rifa Securities to China Galaxy Securities Hong Kong, with the transferred portfolio valued at HKD 5.9576 million, representing an 8.12% stake.

PROSP GP INTL announced that on January 6, 2026, the company entered into a placement agreement with a placing agent, whereby the agent conditionally agreed, on a best-efforts basis, to act as the company's agent to procure no fewer than six placees to subscribe for up to 33.365 million placement shares at a price of HKD 0.34 per share.

The placement shares represent approximately 16.67% of the total issued share capital as enlarged by the allotment and issue of the placement shares.

The placement price of HKD 0.34 per share represents a discount of approximately 19.05% to the closing price of HKD 0.42 per share on the date of the placement agreement.

Assuming the placement shares are fully subscribed, the gross proceeds from the placement are estimated to be approximately HKD 11.34 million, with the net proceeds expected to be around HKD 10.54 million, implying a net issue price of approximately HKD 0.32 per placement share.

The company intends to allocate the entire net proceeds from the placement for the group's general working capital purposes.