Golden Power issues 6.48 million new shares at HKD 1.20, enlarging share capital by 20%

Bulletin Express
05/19

Golden Power Group Holdings Limited completed a share subscription on 19 May 2026, issuing 6.48 million new ordinary shares under its general mandate. The new shares were priced at HKD 1.20 each, implying gross proceeds of roughly HKD 7.78 million.

Prior to the transaction, Golden Power had 32.40 million shares in issue. Following completion, the share count increased to 38.88 million, representing a 20% expansion of the company’s issued share capital.

The company confirmed that the subscription was duly authorised by the board and conducted in full compliance with Hong Kong Stock Exchange listing rules and all relevant legal requirements. The disclosure noted no outstanding treasury shares and no share repurchases during the reporting period.

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