GBA Holdings (00261) announced on September 3, 2025, that the company plans to place up to 46.5669 million placement shares, representing approximately 16.67% of the total issued share capital as enlarged by the allotment and issue of the placement shares. The placement price is set at HK$0.200 per placement share, representing a discount of 12.66% to the closing price of HK$0.229 per share on September 3. Assuming all placement shares are successfully placed, the total gross proceeds from the placement are expected to be HK$9.31 million, while the net proceeds are anticipated to be approximately HK$8.61 million. The company intends to utilize the entire net proceeds from the placement for the group's general working capital and/or development of new business ventures.