Sheng Tang Holdings Issues New Shares for Debt Capitalisation Completion

Reuters11-27
Sheng Tang Holdings Issues New Shares for Debt Capitalisation Completion

Sheng Tang Holdings Ltd. has completed a connected transaction involving the issue of new shares under a specific mandate for debt capitalisation. The company allotted and issued 110,000,000 new shares to Mr. Heung at a price of HK$0.285 per share, representing approximately 6.78% of the company's enlarged issued share capital. The transaction was completed on 27 November 2025 after all conditions precedent in the capitalisation agreement were satisfied.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sheng Tang Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251127-11931257), on November 27, 2025, and is solely responsible for the information contained therein.
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