Alco Holdings (00328) Announces Rights Issue, Total Shares Increase to 57.28 Million

Bulletin Express11-24

Alco Holdings Limited (00328) has disclosed a substantial increase in issued shares following the completion of a rights issue. According to the company's announcement, the number of issued ordinary shares rose from 11,455,686 (as of 31 October 2025) to 57,278,430 on 24 November 2025.

The company allotted and issued 45,822,744 new shares under the rights issue, representing a 400% expansion compared to the previous total. Each share was issued at HKD 3.24. After this increase, the total number of issued shares now stands at 57,278,430. The company confirmed that all regulatory requirements, including those imposed by the Hong Kong Stock Exchange, have been satisfied.

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