CHINA IN-TECH (00464) Completes Issuance of 117 Million Shares, Net Proceeds Reach Approximately HK$103 Million
Stock News
Nov 27
CHINA IN-TECH (00464) announced that all conditions under the subscription agreement were fulfilled on November 26, 2025, and the subscription was completed on November 27, 2025. Pursuant to the general mandate, the company has allotted and issued a total of 117 million subscription shares to subscribers at HK$0.9 per share as of the announcement date. The issued shares represent approximately 15.48% of the company's enlarged issued share capital post-allotment. The gross proceeds from the subscription amounted to approximately HK$105 million, with net proceeds reaching around HK$103 million.
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