GBA HOLDINGS (00261) Sees Share Transfer Valued at HK$3.37 Million, Representing 5.15% Stake, Moved from Victory Securities Hong Kong

Stock News08-10

GBA HOLDINGS (00261) experienced a notable shift in share holdings on August 7, with a total transfer value of HK$3.3748 million, accounting for 5.15% of its issued shares, according to the latest data from the Hong Kong Stock Exchange.

The company's shareholder transferred 14 million shares into UOB Kay Hian (Hong Kong) while moving the same number of shares out of VICTORY SEC (08540) Hong Kong. GBA HOLDINGS (00261) announced that after the trading session on August 3, 2026, it plans to place up to 46.56 million shares through a placing agent at a price of HK$0.20 per share. This placing price represents a 9.50% discount to the closing price of HK$0.219 per share on that day.

Assuming all placed shares are fully subscribed, the company expects to raise approximately HK$8.66 million in net proceeds. These funds are intended to be used for the group's general working capital and/or to develop new business ventures.

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