TJCD (02515.HK) places 43.16 million H shares at HKD 0.68, enlarging share base by 19.99%

Bulletin Express03-09 22:43

Tianjin Construction Development Group Co., Ltd. (TJCD, 02515.HK) disclosed that on 09 March 2026 it completed a placing of 43.16 million new H shares under the general mandate granted on 11 February 2026.

The new shares were issued at HKD 0.68 each, expanding the company’s outstanding share count from 215.79 million to 258.95 million. The placement represents a 19.99% increase in issued share capital before the transaction.

Based on the disclosed issue price, the gross proceeds amount to approximately HKD 29.35 million. No treasury‐share movements, repurchases or cancellations were reported.

The board confirmed that the placement complied with Hong Kong listing rules and relevant regulatory requirements, and that all funds due from the share issue have been received.

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