Gaodi Holdings Completes Share Placement, Secures HK$0.96 Million for Working Capital

Bulletin Express03-27

Gaodi Holdings Limited confirmed that the placing of 4.67 million new shares under its general mandate was completed on 27 March 2026. All conditions of the Placing Agreement were satisfied, and the transaction was executed through KGI Asia Limited as placing agent.

The new shares were issued at HK$0.23 each to not fewer than six independent placees, generating gross proceeds of approximately HK$1.07 million. After deducting commissions and related expenses, net proceeds stand at about HK$0.96 million. Management plans to deploy the funds by December 2026 to support general working-capital needs, including headquarters expenses, professional fees and staff salaries.

Post-placement, Gaodi Holdings’ issued share capital expanded from 258.43 million to 263.10 million shares. The newly allotted shares represent roughly 1.77% of the enlarged share base. Public shareholders now own 98.23%, while the new placees collectively hold 1.77%; no placee became a substantial shareholder under Hong Kong Listing Rules as a result of the transaction.

The board of Gaodi Holdings is chaired by Wang Wana, with executive directors Huang Jingsheng and Chen Chun, and independent non-executive directors Shum Ching Hei, Yang Minda and Gui Chenghui.

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