Okura Holdings Limited (01655) announced that all conditions under its placing agreement were fulfilled and the placement of 84.98 million new shares was completed on 13 February 2026. The newly issued shares make up approximately 11.80% of the company's enlarged share capital, bringing the total number of issued shares to 719.99 million.
The shares were placed at HK$0.143 each, generating net proceeds of around HK$10.38 million. The company intends to allocate about 50% toward purchasing pachinko and pachislot machines, about 30% for renovating or enhancing existing pachinko halls and covering marketing expenses, and about 20% for general working capital.
Following completion, Ichikura Limited’s shareholding decreased from 59.05% to 52.08%, while public shareholders moved from 40.95% to 36.12%. The newly introduced placees collectively hold 11.80% of the enlarged share capital.