Ruihe Data lifts share capital by 2.38% via HK$43.39 million placement

Bulletin Express08-24

Ruihe Data Technology Holdings Limited completed a share placement on 24 August 2026, issuing 21.37 million new ordinary shares at HK$2.03 each under a placing agreement dated 30 July 2026 and amended on 11 August 2026.

The transaction expanded the company’s issued share base from 899.20 million to 920.57 million shares, representing a 2.38% increase. Gross proceeds from the placement amount to approximately HK$43.39 million.

No treasury shares were involved, and the company confirmed full compliance with the Hong Kong Stock Exchange’s Main Board Rules, including receipt of all subscription monies and fulfilment of relevant listing conditions.

Following the issuance, all shares in issue carry identical rights, and no share repurchases or treasury-share sales were reported during the period.

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