Grand Power Logistics Group Ltd. has announced a placement of new shares under a general mandate, with the company expecting to raise approximately HK$16.8 million in net proceeds. The new shares will be issued at a price reflecting a discount of about 19.72% to the closing price on the date of the supplemental agreement. The funds raised are intended for general working capital, including staff costs, professional fees, rental payments, and other administrative and business expenses. The completion of the placement is subject to the fulfillment of certain conditions, and the company has advised shareholders and potential investors to exercise caution in dealing with its shares.

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. Grand Power Logistics Group 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-20260120-11996397), on January 20, 2026, and is solely responsible for the information contained therein.