Green Economy Development Ltd. Plans to Allocate Unutilized HK$7.15 Million from Rights Issue to General Administrative Expenses and Working Capital for FY2026

Reuters
11/05
<a href="https://laohu8.com/S/VSFFF">Green Economy</a> Development Ltd. Plans to Allocate Unutilized HK$7.15 Million from Rights Issue to General Administrative Expenses and Working Capital for FY2026

Green Economy Development Ltd. has announced that, as of 31 March 2025, approximately HK$7.15 million from its Rights Issue proceeds remains unutilized due to lower administrative expenses incurred during the year. The company plans to apply the unutilized funds towards general administrative expenses and other general working capital needs for the year ending 31 March 2026. No additional changes to the company's previously reported strategy or planning were disclosed.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Green Economy Development Ltd. published the original content used to generate this news brief on November 05, 2025, and is solely responsible for the information contained therein.

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