Goldstone Capital Group Limited (Stock code: 1160) issued an announcement supplementing its annual report for the year ended 31 March 2025, originally published on 21 July 2025. The board provides additional information regarding the use of net proceeds from the Rights Issue 2022, in accordance with the Listing Rules.
According to the announcement, the Rights Issue 2022 raised approximately HK$41.7 million in net proceeds, all of which has been fully applied as of 31 March 2025. Roughly HK$17.2 million was allocated for investments and business development, consistent with the stated investment objectives. An amount of HK$5.1 million went toward repaying a loan and related interests from a licensed money lender, and HK$9.4 million was used for general working capital needs.
The company states that none of the net proceeds remains unutilized as of 31 March 2025. Other details in the annual report remain unchanged, and the board affirms the accuracy and completeness of the information originally disclosed.