Gaodi Holdings Raises HK$20 Million Through Share Placement

Reuters2025-12-30
Gaodi Holdings Raises HK$20 Million Through Share Placement

Gaodi Holdings Ltd. has announced the completion of a placing of new shares under a general mandate. The company successfully placed 39,184,000 new shares, representing approximately 15.16% of its enlarged issued share capital, to not less than six independent placees at a price of HK$0.52 per share. Following the placement, the total number of issued shares increased from 219,246,857 to 258,430,857. The placees and their ultimate beneficial owners are independent third parties, according to the company.

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. Gaodi 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-20251230-11970948), 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.

Comments

We need your insight to fill this gap
Leave a comment