LONG Investment Corp Launches 1-for-2 Rights Issue at HK$0.395 per Share

Bulletin Express
09/29

LONG Investment Corp (stock code: 02312) announced a non-underwritten rights issue offering one new share for every two existing shares held on the record date. The subscription price is set at HK$0.3950 per rights share, and payment must be completed by 4:00 p.m. on Thursday, 15 October 2026.

Key terms • Basis: 1 rights share for every 2 existing shares • Subscription price: HK$0.3950 per share • Nil-paid trading period: 5 – 12 October 2026 • Final acceptance and payment deadline: 4:00 p.m., 15 October 2026 • Listing of fully-paid rights shares: subject to Stock Exchange approval and CCASS admission

Excess application and scaling-down Qualifying shareholders may apply for excess rights shares. Applications are subject to a scaling-down mechanism designed to: 1) prevent any shareholder from unintentionally triggering a mandatory general offer under the Hong Kong Takeovers Code; and 2) preserve adequate public float. Any shares scaled down will be re-allocated to other qualifying shareholders.

Refunds and share certificates • Allocation results: to be published on 23 October 2026 • Despatch of share certificates and refund cheques (if any): on or before 26 October 2026

Conditions precedent The rights issue will lapse if the conditions outlined in the prospectus are not satisfied or waived by 5:00 p.m. on Monday, 30 November 2026.

Trading considerations Existing shares have traded ex-rights since 21 September 2026. Dealings in both shares and nil-paid rights during the specified periods are subject to the risk that the rights issue may not become unconditional.

Payment method Applications must be accompanied by a separate Hong Kong-dollar cheque or banker’s cashier order drawn on a licensed Hong Kong bank, payable to “LONG INVESTMENT CORP – EXCESS APPLICATION A/C” and crossed “Account Payee Only.”

Shareholders and investors are advised to note the key dates, settlement arrangements via CCASS, and the potential dilution effect if entitlements are not fully taken up.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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