Grand Ocean AR (00065) Announces 40,920,000 New Shares at HKD 0.335
Bulletin Express
Yesterday
Grand Ocean AR (00065), incorporated in the Cayman Islands with limited liability, announced the issuance and allotment of 40,920,000 ordinary shares on 17 October 2025. The transaction followed a placing agreement dated 5 September 2025 and a supplemental agreement dated 26 September 2025.
The newly issued shares represent a 20% increase from 204,616,916 shares to 245,536,916 shares, with an issue price of HKD 0.335 per share. According to the announcement, the procedures were duly authorized by the board of directors and carried out in compliance with applicable listing rules, laws, and regulatory requirements.
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