FULLSHARE (00607) Plans to Issue 127 Million Subscription Shares at 20% Discount, Raising Net Proceeds of HK$132 Million

Stock News
Jan 26

FULLSHARE Holdings (00607) announced that on January 26, 2026, the company proposes to issue 72 million and 55 million subscription shares to Mr. Zhang Tao and Mr. Zhang Zhongmin, respectively. The subscription price is set at HK$1.04 per share, representing a discount of approximately 20% compared to the closing price of HK$1.30 per share on the Stock Exchange on the date of the subscription agreement. The net proceeds from the subscription, amounting to approximately HK$132 million, are intended to be used in full for repaying group loans and payables, business development, and supplementing the group's general working capital.

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