Hony Media Group announced that it has entered into a Subscription Agreement with a subscriber for the private placement of 638,000,000 new shares at a subscription price of HK$0.039 per share. The shares will be issued under the general mandate granted at the company's annual general meeting on 26 June 2025. The completion of the subscription is subject to the fulfillment of certain conditions precedent, and the company has not conducted any other equity fundraising activities in the past 12 months. Shareholders and potential investors are advised to exercise caution when dealing in the company's securities.
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. Hony Media Group published the original content used to generate this news brief on November 06, 2025, and is solely responsible for the information contained therein.