ANCHORSTONE-NEW (01592) announced that all conditions precedent under the placement agreement (as amended and supplemented by the supplemental agreements) have been fulfilled. The completion of the placement took place on November 28, 2025.

A total of 48.259 million placement shares, representing approximately 16.67% of the company's enlarged issued share capital post-completion, were successfully placed to no fewer than six placees at HK$0.25 per share.

The gross proceeds from the placement are estimated at approximately HK$12.06 million, with net proceeds expected to be around HK$11.78 million.