FDB Holdings (01826) Plans 19.9% Discounted Share Placement to Raise Up to HK$39.9 Million

Stock News

Jan 12

FDB HOLDINGS (01826) announced that on January 12, 2026, the company proposes to place up to 266.4 million new shares through a placing agent to no fewer than six placees at a placing price of HK$0.152 per share. This represents a discount of approximately 19.9% to the closing price of HK$0.190 per share as quoted on the Stock Exchange on the last trading day. Assuming all the placing shares are successfully subscribed for, the net proceeds are estimated to be approximately HK$39.9 million, which will be used entirely to supplement the group's general working capital.

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