Huanxi Media issues 727.64 million new shares at HKD 0.30, expanding share capital by 19.9%
Bulletin Express
Apr 21
Huanxi Media Group Limited disclosed on 21 April 2026 that it has issued 727.64 million new ordinary shares under a specific mandate. The issuance price was HKD 0.30 per share, generating gross proceeds of approximately HKD 218.29 million.
Prior to the transaction, Huanxi Media had 3.66 billion shares in issue. Following the new allotment, the total share capital rose to 4.38 billion shares, representing a 19.9% increase.
The company confirmed that the share placement was duly authorized by the board, and all regulatory, listing-rule and legal requirements have been satisfied.
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.