Hang Yick Holdings Company Limited (stock code: 1894) disclosed a Provisional Allotment Letter dated 16 February 2026 regarding a proposed Rights Issue. Under the arrangement, existing shareholders with Consolidated Shares recorded on 13 February 2026 will be provisionally allotted four Rights Shares for each Consolidated Share held.

The subscription price is set at HK$0.46 per Rights Share, with full payment required upon acceptance on or before 5 March 2026. The nil-paid Rights Shares are expected to be traded from 23 February 2026 to 2 March 2026. According to the announcement, the Rights Issue is carried out on a non-underwritten basis and is subject to various conditions, including the granting of listing approval for the new shares in both nil-paid and fully paid forms.

Share certificates for the fully paid Rights Shares are anticipated to be dispatched by 30 March 2026, provided the transaction proceeds. The document also emphasizes the possibility that the Rights Issue may not complete if certain conditions are not fulfilled, cautioning shareholders about the associated trading risks in both the Shares and the nil-paid Rights Shares.