HKC International Holdings’ rights issue closes 25.1% oversubscribed

Reuters

Mar 16

HKC International Holdings’ rights issue closes 25.1% oversubscribed

HKC International reported results of its share rights issue on a basis of one rights share for every two shares held. Valid acceptances covered 51,823,997 rights shares, or 66.6% of the 77,833,203 offered. Excess applications totaled 45,559,507 shares, or 58.5% of the offer, and were allocated pro rata at about 57.09%. The rights issue was oversubscribed by 19,550,301 shares, or 25.1%. Gross proceeds were about HKD 21.8 million and net proceeds were about HKD 20.9 million.

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. HKC International 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-20260316-12053794), on March 16, 2026, and is solely responsible for the information contained therein.

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Valid acceptances covered 51,823,997 rights shares, or 66.6% of the 77,833,203 offered. Excess applications totaled 45,559,507 shares, or 58.5% of the offer, and were allocated pro rata at about 57.09%. The rights issue was oversubscribed by 19,550,301 shares, or 25.1%. Gross proceeds were about HKD 21.8 million and net proceeds were about HKD 20.9 million.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. 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Gross proceeds were about HKD 21.8 million and net proceeds were about HKD 20.9 million.\n      \n\n\nDisclaimer: 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. HKC International 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. 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