New Concepts Holdings Ltd. has announced an extension of the long stop date for the subscriptions of new shares under its general mandate. The company and the subscribers have agreed to extend the deadline from January 16, 2026, to January 30, 2026, to allow additional time to fulfill the conditions precedent of the subscription agreements. The proceeds from the share subscriptions, totaling HK$13.64 million, are planned to be used for general working capital, operation expenses, staff costs, and professional fees, with full utilization expected by February 2026.
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. New Concepts 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-20260116-11993969), on January 16, 2026, and is solely responsible for the information contained therein.