Grand Power Logistics Group Announces Placing of 60 Million New Shares

Reuters2025-12-30

Grand Power Logistics Group Announces Placing of 60 Million New Shares

Grand Power Logistics Group Ltd. has announced the placing of up to 60,000,000 new shares under a general mandate. The company entered into a Placing Agreement with a placing agent on December 30, 2025, to place the new shares on a best effort basis. The shares will be offered to investors to raise additional capital, with completion expected within four business days after all conditions set out in the agreement are satisfied. The placement is being conducted in accordance with the relevant rules of the Stock Exchange of Hong Kong.

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. Grand Power Logistics Group 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-20251230-11971768), on December 30, 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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