Envision Greenwise to Sell HK$155 Million Worth of Shares; Shares Up 9%
MT Newswires Live
Oct 20, 2025
Envision Greenwise (HKG:1783) agreed to sell HK$155 million worth of shares to two subscribers, according to a Hong Kong bourse filing Friday.
Shares of the construction company gained nearly 9% in morning trade Monday.
The company entered into agreements with Vintage Antique and Victoria Sight Capital to sell 30 million shares and 20 million shares at HK$3.10 apiece, respectively.
The 50 million shares to be issued represent 1.78% of the company's issued share capital and 1.75% as enlarged by the offering.
Funds raised will be used to advance the company's EcoPark project and to support its sales initiative, Envision said.
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.