Alpha Professional Holdings Limited (948) has reported the completion of its debt capitalisation, issued under the General Mandate, on 3 March 2026. A total of 35.00 million new shares were allotted at HK$0.28 each. Following this allotment, the company’s total share capital increased from approximately 377.28 million shares to 412.28 million shares.
Prior to the debt capitalisation, Ms. Chong Sok Un held around 54.87% of the company’s shares. After the issuance of the 35.00 million capitalisation shares, Ms. Chong retains 50.22%, while the Subscriber holds 8.49%, and the remaining 41.29% is publicly held. The transaction was executed to capitalise a debt owed by the company, allowing the Subscriber to become a new stakeholder through this share issue.