Realord Technology Shares See 212 Million HKD Position Transfer, 19.63% Stake Moves from Realord Asia-Pacific Securities

Stock News11-05 08:36

According to the latest information from the Hong Kong Stock Exchange, on November 4, Realord Technology Shares (01196) experienced a position movement, with a total transfer value of 212 million HKD, accounting for 19.63%. Shareholders transferred 952 million shares to RhinoX Limited and transferred out 952 million shares from Realord Asia-Pacific Securities.

Realord Technology Shares announced that on October 30, 2026, the company, the seller, and the placing agent entered into a placing and subscription agreement. The seller has conditionally agreed to sell, and the placing agent has conditionally agreed, as the seller's agent, to procure independent placees on a fully underwritten basis to purchase 952 million placing shares at a placing price of 0.21 HKD per placing share; and the seller has conditionally agreed to subscribe, and the company has conditionally agreed, under a general mandate, to allot and issue to the seller new subscription shares at a top-up subscription price equal to the placing price (the number of such top-up subscription shares shall be the same as the number of placing shares placed by the placing agent under the placing and subscription agreement).

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.

Comments

We need your insight to fill this gap
Leave a comment