Riverine China Holdings Limited announced that its placing of new shares under the existing general mandate was completed on 21 October 2026 after all conditions precedent were satisfied. A total of 33.00 million new shares were placed with no fewer than six independent investors at HK$4.00 per share, generating gross proceeds of HK$132.00 million and net proceeds of approximately HK$130.08 million, after deducting placing commissions and related professional fees.
Following the issuance, Riverine China’s issued share capital rose from 405.00 million shares to 438.00 million shares. The new shares represent 7.53 % of the enlarged share base.
Shareholding shifts: • Yomi.sun Holding Limited’s stake decreased from 47.63 % to 44.04 %. • Lucky Yang Limited’s interest fell from 19.08 % to 17.64 %. • Public shareholders’ combined holding (excluding the new placees) declined from 31.26 % to 28.91 %. • The new placees collectively hold 7.53 % of the company.
The company reiterated that net proceeds will be applied for the purposes previously disclosed in the 30 September 2026 announcement. All placees and their ultimate beneficial owners are classified as independent third parties, and no individual placee became a substantial shareholder upon completion.
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