DATA UNION CAP (08375) Shareholder Deposits Shares with YALIDUO Securities, Valued at HK$126 Million

Stock News
Jan 22

According to the latest information from the Hong Kong Stock Exchange, on January 21, a shareholder of DATA UNION CAP (08375) deposited shares with YALIDUO Securities, with a deposited market value of HK$126 million, accounting for 20% of the holdings.

DATA UNION CAP announced that all the conditions precedent under the placement agreement had been fulfilled, and the placement was completed on January 21, 2026 (after trading hours on the Stock Exchange) in accordance with the terms and conditions of the placement agreement.

The placing agent successfully placed 57.6 million placement shares to no fewer than six placees at the placement price of HK$0.99 per share, representing approximately 16.67% of the company's issued share capital as enlarged by the allotment and issue of the placement shares.

The net proceeds from the placement amounted to approximately HK$55.4 million.

The net proceeds were reduced from the approximately HK$55.78 million disclosed in the announcement to approximately HK$55.4 million, primarily due to an increase in professional fees incurred for regulatory compliance requirements related to the placement.

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