Wing Chi Holdings Ltd. has announced a private placement of new shares under a general mandate. The company has entered into a Placing Agreement with Yellow River Securities Limited, acting as the Placing Agent. The agreement involves the issuance of up to 186,600,000 new shares at a placing price of HK$0.085 per share. This initiative is part of the company's strategy to raise capital by offering these shares to professional, institutional, or other private investors. The success of the placement is subject to the terms and conditions outlined in the agreement. Shareholders and potential investors are advised to exercise caution when dealing with the company's shares.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wing Chi Holdings Ltd. published the original content used to generate this news brief on August 28, 2025, and is solely responsible for the information contained therein.