REGAL PARTNERS Announces Plan to Place Up to 560 Million Shares, Targeting Net Proceeds of Approximately HK$27.7 Million

Stock News02-05

REGAL PARTNERS (01575) has entered into a placement agreement with a placing agent. The agreement, signed after trading hours on February 5, 2026, involves the placement of up to 560 million new shares at HK$0.05 per share to no fewer than six placees. The company expects to raise net proceeds of up to approximately HK$27.7 million. The allocation of the funds is planned as follows: 65% will be used to further expand the group's production capacity and supply chain in Southeast Asia, including but not limited to purchasing additional equipment, leasing extra workspace, refurbishment, and hiring more workers; 15% is designated for developing multiple showrooms in the Southeast Asia region to promote the group's products and attract export buyers and business; and the remaining 20% will be allocated for the group's general working capital purposes.

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