ANCHORSTONE-NEW (01592) Completes Placement of 48.259 Million Shares, Net Proceeds Approximately HK$11.78 Million
Stock News
Nov 28, 2025
ANCHORSTONE-NEW (01592) announced that all conditions precedent under the placement agreement (as amended and supplemented by the supplemental agreements) have been fulfilled. The completion of the placement took place on November 28, 2025.
A total of 48.259 million placement shares, representing approximately 16.67% of the company's enlarged issued share capital post-completion, were successfully placed to no fewer than six placees at HK$0.25 per share.
The gross proceeds from the placement are estimated at approximately HK$12.06 million, with net proceeds expected to be around HK$11.78 million.
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.