WLS HOLDINGS Successfully Places 250 Million Unsubscribed Rights Shares

Stock News
May 28

WLS HOLDINGS (08021) has announced that as of 4:00 p.m. on Friday, May 22, 2026, which was the final deadline for the placing agent to place the unsubscribed rights shares, all approximately 250 million unsubscribed rights shares under the placing arrangement have been successfully placed at HK$0.24 per share, equivalent to the subscription price. Consequently, there is no distributable net gain for non-acting shareholders from the placing arrangement. Based on the results of valid applications and acceptances under the provisional allotment letters and the outcome of the placing, a total of 359 million rights shares will be allotted and issued, representing 100% of the total number of rights shares offered for subscription under the rights issue.

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