HKC INT'L-NEW (00248) Issues 77.83 Million Rights Shares, Enlarging Capital Base by 50%

Bulletin Express
Mar 16

HKC International Holdings Limited disclosed a Next Day Disclosure Return on 16 March 2026, confirming completion of a rights issue conducted on a non-underwritten basis. Key points are as follows:

• Share issuance details: 77.83 million new ordinary shares were allotted at HKD 0.28 each, representing two rights shares for every one existing share.

• Capital structure impact: Issued share capital expanded to 233.50 million shares from 155.67 million shares, a 50.0% increase.

• Gross proceeds: The transaction raised approximately HKD 21.79 million (77.83 million shares × HKD 0.28).

According to the company’s filing, all regulatory approvals and corporate authorisations required under the Hong Kong Listing Rules have been satisfied. No treasury share movements, share repurchases or cancellations were reported in the period.

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