Smart Fish Wealthlink Holdings Limited (139), formerly known as Central Wealth Group Holdings Limited, announced the completion of its Placing on 17 October 2025, following fulfillment of all conditions precedent on 16 October 2025. A total of 204,755,800 Placing Shares have been allotted and issued to not fewer than six placees, generating approximately HK$50 million in net proceeds.

According to the announcement, the Group intends to allocate around HK$11 million from these net proceeds to settle liabilities, HK$11 million to the general working capital of its securities dealing business, and around HK$28 million to the general working capital of its money lending business, with usage planned within twelve months from completion. The Group reported an expansion in the loan receivables of its money lending business from HK$439.7 million as at 31 December 2024 to HK$454.4 million as at 30 June 2025, alongside an increase in trade receivables from its securities dealing business from HK$13.4 million to HK$44.8 million over the same period.

The announcement also noted that bank overdrafts rose from HK$14.8 million to HK$44.3 million and bank borrowing increased from HK$10 million to HK$23.5 million in the first half of 2025. In addition, the combined proceeds of approximately HK$229 million from the disposal of shares in Shandong Hi-Speed Holdings Group Limited and the Placing will be applied to repay bank overdrafts, trade payables, and bank borrowings, as well as to support the Group’s money lending and securities dealing businesses (including margin financing and IPO financing).