Kingland Group Holdings Raises HK$71 Million Through Share Placement

Reuters

Jan 02

Kingland Group Holdings Raises HK$71 Million Through Share Placement

Kingland Group Holdings Ltd. has announced the completion of a placing of new shares under a general mandate. A total of 48,384,000 new shares were successfully placed to not less than six independent placees at a price of HK$1.481 per share, representing approximately 16.67% of the company’s enlarged issued share capital following the placement. The net proceeds from the placing amounted to about HK$70.76 million, with approximately HK$31.84 million, or 45% of the net proceeds, intended for expanding and developing the company’s construction and engineering business in China. None of the placees became a substantial shareholder as a result of this 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. Kingland Group Holdings Ltd. 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-20260102-11977033), on January 02, 2026, and is solely responsible for the information contained therein.

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.

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ID: HKEX-EPS-20260102-11977033), on January 02, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1148","symbol_name":"建筑与工程","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260102:nNDL312pNH:1","article_id":"2600050716","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2600050716","pubTimestamp":1767352521,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Kingland Group Holdings Ltd. has announced the completion of a placing of new shares under a general mandate. A total of 48,384,000 new shares were successfully placed to not less than six independent placees at a price of HK$1.481 per share, representing approximately 16.67% of the company’s enlarged issued share capital following the placement. The net proceeds from the placing amounted to about HK$70.76 million, with approximately HK$31.84 million, or 45% of the net proceeds, intended for expanding and developing the company’s construction and engineering business in China. None of the placees became a substantial shareholder as a result of this transaction.Disclaimer: This news brief was created by Public Technologies  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. Kingland Group Holdings Ltd.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1148":"建筑与工程","BK1511":"疑似财技股","01751":"景联集团"},"translate_title":"景兰集团控股配股集资7100万港元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01751":0.9},"content_text":"Kingland Group Holdings Raises HK$71 Million Through Share Placement\n    \n\n        Kingland Group Holdings Ltd. has announced the completion of a placing of new shares under a general mandate. A total of 48,384,000 new shares were successfully placed to not less than six independent placees at a price of HK$1.481 per share, representing approximately 16.67% of the company’s enlarged issued share capital following the placement. The net proceeds from the placing amounted to about HK$70.76 million, with approximately HK$31.84 million, or 45% of the net proceeds, intended for expanding and developing the company’s construction and engineering business in China. 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