China Castson 81 triples share base to 712.75 million after HK$51.93 million rights issue

Bulletin Express05-04

China Castson 81 Finance Company Limited reported a sharp expansion in its equity base for April 2026 after completing a rights issue on 21 April. The transaction added 509.11 million new ordinary shares at HK$0.102 each, increasing total issued shares to 712.75 million from 203.64 million at the end of March. The newly issued shares now represent around 71% of the enlarged share capital, lifting the total share count by 3.5 times month-on-month.

The rights issue, offered on the basis of five rights shares for every two existing shares, generated gross proceeds of approximately HK$51.93 million. Authorised share capital remained unchanged at 20 billion shares with a par value of HK$0.01, equivalent to HK$200 million.

The company confirmed it met the Hong Kong Stock Exchange’s 25% public-float requirement as of 30 April 2026. No share options, warrants, convertibles or treasury-share movements were recorded during the month.

Allotment and listing of the rights shares were completed in accordance with shareholder approval granted on 2 March 2026, and all regulatory confirmations have been filed by the company secretary.

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