Anchorstone Holdings Limited (1592) Announces Completion of Placing of New Shares Under General Mandate

Bulletin Express
Nov 28, 2025

Anchorstone Holdings Limited (the “Company”) completed its placing of new shares under a general mandate on November 28, 2025. A total of 48,259,000 placing shares were allotted, representing approximately 16.67% of the Company’s enlarged issued share capital, at a placing price of HK$0.25 per share.

The gross proceeds from the transaction reached about HK$12.06 million, while net proceeds amounted to approximately HK$11.78 million. The Company plans to allocate around 50% to repay bank loans, about 25% to settle other debts and payables, and the remaining 25% for the Group’s general working capital.

Immediately upon completion, the Company’s total number of issued shares rose from 241,296,281 to 289,555,281. The shareholding held by key shareholders collectively changed from approximately 61.29% to 51.07%, while no new substantial shareholder emerged from the placing exercises.

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