Fangzhou Inc. Announces Placing of Existing Shares and Top-Up Subscription

Reuters01-27 08:03

Fangzhou Inc. Announces Placing of Existing Shares and Top-Up Subscription

Fangzhou Inc. has announced a placing of existing shares and a top-up subscription of new shares under a general mandate. The transaction involves the sale of 45,181,000 shares at a price of HK$3.32 per share. The shares will be placed to purchasers by the appointed placing agent on a best effort basis. The company clarified that these securities have not been, and will not be, registered under the U.S. Securities Act and are not being offered in the United States or in any jurisdiction where such an offering is restricted or prohibited. The closing date for the transaction is set for January 29, 2026.

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. Fangzhou Inc. 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-20260127-12001739), on January 27, 2026, 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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