FAMEGLOW (08603) Plans to Issue 18.92 Million Subscription Shares at 17.92% Discount, Raising Approximately HK$46.71 Million

Stock News

Nov 19, 2025

FAMEGLOW (08603) announced on November 19, 2025, that the company intends to issue 18.92 million subscription shares to Evergreen Gate Limited at a subscription price of HK$2.61 per share. This represents a discount of approximately 17.92% compared to the closing price of HK$3.18 per share on November 19, 2025. The net proceeds from the subscription, totaling around HK$46.71 million, will be fully allocated to the group's general working capital, covering employee costs, rental expenses, and other operational and corporate expenditures.

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