CN Health Tech lifts issued share base by 57.3% after HK$14.73 million rights issue

Bulletin Express07-03

China Health Technology Group Holding Company Limited (CN Health Tech) reported a sizeable expansion of its equity base for the month ended 30 June 2026, according to the company’s monthly return filed with Hong Kong Exchanges and Clearing on 3 July 2026.

The listed healthcare group completed a rights issue on 17 June 2026—endorsed at its 12 May 2026 general meeting—placing 58.92 million new ordinary shares at HK$0.25 each. This lifted the company’s outstanding share count to 161.84 million from 102.92 million, marking a 57.3% month-on-month increase. Based on the stated issue price, the transaction implies gross proceeds of approximately HK$14.73 million.

Despite the sharp rise in equity, CN Health Tech confirmed its public-float ratio remains above the Main Board’s 25% minimum threshold. No treasury shares were held or cancelled during the period.

Authorised share capital was unchanged at 1.00 billion ordinary shares with a par value of HK$0.10, equivalent to HK$100.00 million. Following the rights issue, the company’s issued share capital (at par) increased to HK$16.18 million from HK$10.29 million.

The filing shows no activity in share option schemes, warrants, convertibles or other share-linked instruments during June 2026.

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