China Castson 81 Finance Co. Ltd. (Stock Code: 810) has announced a placing of new shares under its general mandate, aiming to raise approximately HK$3.61 million in net proceeds. The company intends to allocate around 55.4% of the funds, or HK$2 million, to potential investments-primarily exploring opportunities in equity securities listed on the Main Board of the Stock Exchange. The remaining 44.6%, or HK$1.61 million, will be used for general working capital, including payroll, professional fees, consultancy fees, and other corporate expenses. The company expects to utilize all proceeds by 31 December 2025 and has not yet identified any specific investment targets.
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