Sterling Group Holdings Announces HK$0.10 Share Placement Under General Mandate

Reuters

2025/12/29

Sterling Group Holdings Announces HK$0.10 Share Placement Under General Mandate

Sterling Group Holdings Ltd. has announced the placing of up to 69,120,000 new shares under a general mandate at a price of HK$0.10 per share. The company entered into a conditional placing agreement with a placing agent on December 29, 2025, after trading hours. The intended use of the approximately HK$3.95 million in net proceeds from this placement is for general working capital. The completion of the placement is subject to the fulfillment of certain conditions specified in the placing agreement, and the company cautions shareholders and potential investors that the placing may or 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. Sterling Group 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-20251229-11968998), on December 29, 2025, and is solely responsible for the information contained therein.

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