Golden Power boosts share capital by 16.7% via HK$4.22 million new-share subscription

Bulletin Express
08/17

Golden Power Group Holdings Limited disclosed a next-day return confirming the issuance of 6.49 million new ordinary shares on 17 August 2026 under its existing general mandate. The shares were placed at HK$0.65 apiece, generating gross proceeds of approximately HK$4.22 million.

Prior to the transaction, Golden Power had 38.88 million shares outstanding. The new allotment lifts the issued share count to 45.37 million, marking a 16.7% expansion of the company’s share capital. No treasury shares were outstanding before or after the subscription, and there were no repurchases or cancellations reported.

The company’s board affirmed that the issuance was duly authorised and executed in full compliance with Hong Kong Stock Exchange listing rules and all relevant legal and regulatory requirements.

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