Latest data from the Hong Kong Stock Exchange reveals that on December 23, a shareholder of PINE TECH (01079) deposited shares with结好证券, with a market value of HK$32 million, representing 7.01% of the company's shares.
PINE TECH announced that all conditions for the placement have been fulfilled, and the completion took effect on December 22, 2025. According to the terms of the placement agreement, a total of 100 million placement shares (approximately 7.01% of the company's enlarged issued share capital post-completion) were successfully placed to no fewer than six placees at HK$0.30 per share.