C.BANNER (01028) Shareholder Deposits Shares with FIRST SHANGHAI, Valued at HK$317 Million

Stock News

11/27

Latest data from the Hong Kong Stock Exchange reveals that on November 26, a shareholder of C.BANNER (01028) deposited shares with FIRST SHANGHAI Securities, with a market value of HK$317 million, accounting for 19.05% of the company's shares.

C.BANNER announced that on October 29, 2025, the company entered into nine subscription agreements with nine subscribers. The agreements involve the issuance of 415.4 million subscription shares at HK$0.205 per share, representing a 16.67% discount to the closing price of HK$0.246 per share on the last trading day. The total subscription amount amounts to HK$85.157 million. Additionally, 474.5 million warrants will be issued at HK$0.036 each, with each warrant granting the right to subscribe for one warrant share at an exercise price of HK$0.28 per share.

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