GBA HOLDINGS (00261) Completes Placing of 46.57 Million Shares, Raising Net Proceeds of Approximately HK$8.61 Million
Stock News
Sep 26, 2025
GBA HOLDINGS (00261) announced that all conditions under the placing agreement have been fulfilled, with completion occurring on September 26, 2025. The placing agent has successfully placed a total of 46,566,900 placing shares to no fewer than six placees at a placing price of HK$0.20 per placing share, in accordance with the terms and conditions of the placing agreement. The placing shares represent approximately 16.67% of the company's enlarged issued share capital following the allotment and issue of the placing shares upon completion. The estimated net proceeds from the placing amount to approximately HK$8.61 million.
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