Alpha Professional Holdings Limited (Stock Code: 948) Completes Top-Up Subscription and Placing

Bulletin Express
Nov 25, 2025

Alpha Professional Holdings Limited (the “Company”) announced the completion of a share placing and a subsequent top-up subscription. On 14 November 2025, 28,000,000 placing shares were issued at HK$0.24 each to at least six placees, all independent of the Company. Following this placing, the Company and a vendor entered into a top-up subscription arrangement, which concluded on 25 November 2025 with the allotment and issuance of another 28,000,000 subscription shares at the same price of HK$0.24 per share.

The aggregated net proceeds from the top-up subscription totaled approximately HK$6.29 million. These funds are designated to support the expansion of the Group’s Milk Product Business. After the placing and top-up subscription, the Company’s shareholding structure changed from a total of 349,280,383 shares to 377,280,383 shares, with the vendor’s direct and indirect Shareholdings moving from 59.27% before the transactions to 54.87% upon completion.

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