Champion Technology Holdings Limited (Stock Code: 92) announced that all conditions set out in its Placing Agreement were fulfilled on January 28, 2026, with completion of the placing on February 3, 2026. A total of 112,908,000 shares were placed at a price of HK$0.177 per share.
According to the announcement, net proceeds from the placing amounted to approximately HK$19.5 million, which will be allocated as working capital, including existing renewable energy and green energy businesses as well as other investment opportunities. The shareholding structure of Champion Technology changed after the completion, with 112,908,000 shares newly owned by the placees, representing approximately 10.28% of the company’s enlarged share capital.
The announcement also showed that Worldwide Peace Limited, owned by the company’s chairperson, continues to hold 110,589,750 shares, and a non-executive Director, Mr. Liu Ka Lim, retains 498,000 shares. Other public shareholders collectively hold 79.59% of the total issued shares following the completion of the placing.