Riverine China Increases Share Capital by 8.15% Through HK$132.00 Million Share Placement

Bulletin Express10-21

Riverine China Holdings Limited on 21 October 2026 reported the issuance of 33.00 million new ordinary shares under its existing general mandate. The shares were placed at HK$4.00 each, implying gross proceeds of approximately HK$132.00 million.

The additional shares expand Riverine China’s issued share base to 438.00 million, up from 405.00 million as at 30 September 2026. The transaction represents an 8.15% increase in the company’s outstanding share capital.

Management confirmed that the placement was duly authorized by the board and executed in full compliance with Hong Kong Stock Exchange listing rules and all relevant regulatory requirements. No treasury share movements, share repurchases or cancellations 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