ISP Holdings Limited has completed a placing of 127,448,000 new shares under its general mandate. The shares were placed to not less than six independent investors at a price of HK$0.137 per share, raising net proceeds of approximately HK$16.87 million after deducting related costs and expenses. The company plans to use around 29.64% of the proceeds to pay professional fees, with the remaining 70.36% allocated for general working capital. Following the placing, the company's total issued shares increased to 764,723,000, with the new placees holding about 16.67% of the enlarged share capital. No new substantial shareholders have emerged as a result of the transaction.
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. ISP Holdings Limited published the original content used to generate this news brief on October 21, 2025, and is solely responsible for the information contained therein.