SMART-CORE Shareholder Deposits 54.28 Million Shares, Total Custodied Value Reaches HK$639 Million

Stock News
Jul 14

Recent data from the Hong Kong Stock Exchange indicates a significant position change for SMART-CORE (02166) on July 13th. The total value of shares held in custody reached HK$639 million, representing 20% of relevant holdings.

A shareholder of the company deposited 54.278 million shares into Guotou Securities (Hong Kong), resulting in an 11.11% increase in their shareholding proportion.

The company has announced that all conditions under its placement agreement have been fulfilled. The placement agent successfully placed a total of 97.736 million placement shares to no fewer than six placees. This placement was completed on July 13th, 2026.

In accordance with the terms of the placement agreement, these 97.736 million placement shares were allotted and issued to the placees at a price of HK$3.00 per share. Following the completion of the placement, these newly issued shares represent approximately 16.67% of the company's enlarged issued share capital.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10