Transtech Optelecom Science Holdings Ltd. has announced a private placement of 52,000,000 new shares at a placing price of HK$0.476 per share under its general mandate. Upon completion, the total number of issued shares will increase from 260,000,000 to 312,000,000. The placement will see the stake of major shareholder Hong Kong Futong Optical Fiber Company Limited decrease from 75% to 62.5%, while public shareholders' proportion will fall from 25% to 20.83%. The company cautioned that completion of the placement is subject to certain conditions and may not proceed.
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. Transtech Optelecom Science Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251217-11959109), on December 17, 2025, and is solely responsible for the information contained therein.