China Properties Investment to Raise HK$10.05 Million via 53.43 Million-Share Placement at 5.6% Premium

Bulletin Express
09/18

China Properties Investment Holdings Limited (abbrev. “China Properties Investment”) has signed seven separate subscription agreements with individual third-party investors to issue a total of 53.43 million new shares under its existing general mandate, according to an exchange filing dated 18 September 2026.

Key Terms • Issue size: 53.43 million new shares, equal to 16.67% of the current 320.60 million shares in issue and 14.29% of the enlarged share capital. • Subscription price: HK$0.188 per share, representing a 5.6% premium to the 18 September closing price of HK$0.178 and a 6.6% premium to the five-day average of HK$0.176. • Gross proceeds: HK$10.05 million; net proceeds are expected to be broadly similar given minimal expenses. • Use of proceeds: full amount earmarked for repayment of the Group’s interest-bearing borrowings. • Investor profile: Seven individual investors, each deemed independent and none expected to become a substantial shareholder post-placement.

Capital Structure Impact Post-issuance, China Properties Investment’s share count will rise from 320.60 million to 374.03 million shares. The combined stake of the seven subscribers will account for 14.29% of the enlarged register, while existing public shareholders will hold the remaining 85.71%.

Mandate Capacity The new shares will be issued under the general mandate granted on 30 September 2025, which authorises up to 53.43 million shares—precisely the amount now being placed. No other shares have been issued under this mandate to date.

Conditions & Timeline Completion is contingent on Stock Exchange approval for listing the new shares, maintenance of the company’s listing status, and receipt of all necessary consents. The long-stop date is set for 9 October 2026. If conditions are unmet by then, the agreements will lapse.

Recent Fund-Raising Track Record In late 2025, the company raised HK$22.97 million through a similar 53.43 million-share subscription, with proceeds fully applied to general working capital.

Strategic Rationale Management expects the fresh capital to strengthen the balance sheet by reducing interest-bearing liabilities, thereby enhancing financial flexibility for ongoing property investment and money-lending operations.

Shareholders and potential investors are advised that the subscriptions remain conditional and may not complete.

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