VSING Ltd. Announces HK$60 Million Share Placement at HK$0.4 Each

Reuters12-01

<a href="https://laohu8.com/S/08292">VSING</a> Ltd. Announces HK$60 Million Share Placement at HK$0.4 Each

VSING Ltd. has announced a placing of new shares under a general mandate. The company has entered into a Placing Agreement with Grand Moore Capital Limited to issue up to 150,000,000 new shares at a price of HK$0.4 per share to not less than six placees, who may be individuals, corporate, or institutional investors. Upon completion, the total number of issued shares will increase from 1,078,320,000 to 1,228,320,000, with the new placees holding approximately 12.21% of the enlarged share capital. The placing is not subject to shareholders' approval and will be conducted pursuant to the company's general mandate. The proceeds will be used to support the company's business segment and for general working capital. Completion of the placing is subject to fulfillment of certain conditions.

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. VSING 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-20251201-11937973), on December 01, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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