C Strategic Tech expands share capital by 6.98% through HKD 29.91 million placement

Bulletin Express04-09

China Strategic Technology Group Limited (C Strategic Tech) has issued 53.41 million new ordinary shares under a specific mandate, according to its Next Day Disclosure Return filed on 09 April 2026.

The allotment increased the company’s issued share count from 765.00 million to 818.41 million, representing a 6.98% expansion of its share capital.

The new shares were placed at HKD 0.56 each, implying gross proceeds of approximately HKD 29.91 million. The issue was executed pursuant to a placing agreement dated 05 December 2025, with shareholder approval obtained via a circular released on 27 January 2026.

No treasury shares were created, sold, or cancelled, and the company reported no share repurchases during the period.

Management confirmed that the placement was duly authorised, all funds have been received, and all regulatory, listing-rule and legal requirements have been satisfied.

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