Hands Form Holdings Announces Connected Person Share Subscription

Reuters2025-11-10
Hands Form Holdings Announces Connected Person Share Subscription

Hands Form Holdings Ltd. has announced a connected transaction involving the subscription of new shares by China Alliance Venture Technology Limited, a company wholly owned by Mr. Zhou Zhenlin, the chairman and executive director of the company. Under a specific mandate to be approved by independent shareholders, the subscriber will acquire additional shares, increasing its ownership from 53.17% to 63.98%. Upon completion, the total number of shares in issue will rise from 374,400,000 to 486,720,000. The transaction is subject to approval at an extraordinary general meeting.

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