Alpha Professional Holdings (948) Announces Completion of New Share Issuance Under General Mandate

Bulletin Express
Mar 03

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.

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