Zhonghua Gas Holdings (8246) Completes Subscription of New Shares Under General Mandate

Bulletin Express
Oct 17, 2025

Zhonghua Gas Holdings Limited (stock code: 8246) completed the issuance and allotment of 334,000,000 subscription shares on 17 October 2025 under general mandate. These shares accounted for approximately 7.83% of the company’s issued share capital immediately before completion and around 7.26% after the enlarged share capital. The subscription price was set at HK$0.075 per share, generating gross proceeds of HK$25,050,000 and net proceeds of approximately HK$24,750,000.

Following completion, the company’s total issued share capital increased from 4,263,624,000 shares to 4,597,624,000 shares. According to the announcement, the net proceeds will be utilized as previously outlined. The shareholding structure underwent corresponding adjustments, reflecting changes in both major shareholders’ stakes and the shareholdings of public investors and new subscribers.

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