Risecomm Group Holdings Limited (1679) recently announced the results of its Rights Issue, conducted on the basis of five Rights Shares for every one Consolidated Share. A total of 82,712,068 Rights Shares were validly accepted, representing approximately 32.34% of the total offered. The remaining 173,016,792 Rights Shares were undersubscribed and subsequently placed to ten independent placees at HK$0.5 per share.

Following these arrangements, 164,668,068 Rights Shares in total will be allotted and issued, accounting for 64.39% of the overall offer. The net proceeds of approximately HK$80.44 million are slated for repaying current liabilities and supporting general corporate and administrative working capital. Share certificates for fully-paid Rights Shares are expected to be sent on 22 October 2025, and dealings of the newly issued shares on the Stock Exchange are scheduled to commence on 23 October 2025.