Latest data from the Hong Kong Stock Exchange shows that on December 3, a shareholder of FEG Holdings (01413) deposited shares into Changli Securities, with a holding value of HK$26.01 million, accounting for 18.21% of the total.
FEG Holdings announced that all conditions precedent for the share placement have been fulfilled, and the placement was completed on December 1, 2025. Accordingly, 240 million new shares (all placement shares) were issued at HK$0.083 per share to no fewer than six placees.
The net proceeds from the placement, approximately HK$19 million, will be used for the group's general working capital, including rental payments, employee costs, professional fees, and other general administrative and operational expenses.