Crocodile Garments Limited has announced the successful completion of a rights issue on the basis of one rights share for every two existing shares held on the record date. The rights issue, conducted on a non-underwritten basis, became unconditional on November 21, 2025. Share certificates for the fully-paid rights shares are expected to be dispatched by December 15, 2025, with dealings in the new shares commencing on the Hong Kong Stock Exchange on December 16, 2025. The net proceeds from the rights issue, after expenses, amount to approximately HK$46.98 million and will be used as outlined in the company's prospectus.
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. Crocodile Garments Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251212-11954181), on December 12, 2025, and is solely responsible for the information contained therein.