Green Economy Development Ltd. Plans to Allocate Unutilized HK$7.15 Million from Rights Issue to General Administrative Expenses and Working Capital for FY2026
Reuters
Nov 05
<a href="https://laohu8.com/S/VSFFF">Green Economy</a> Development Ltd. Plans to Allocate Unutilized HK$7.15 Million from Rights Issue to General Administrative Expenses and Working Capital for FY2026
Green Economy Development Ltd. has announced that, as of 31 March 2025, approximately HK$7.15 million from its Rights Issue proceeds remains unutilized due to lower administrative expenses incurred during the year. The company plans to apply the unutilized funds towards general administrative expenses and other general working capital needs for the year ending 31 March 2026. No additional changes to the company's previously reported strategy or planning were disclosed.
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