Silkwave Inc. Reports Results of 3-for-1 Rights Issue

Reuters03-02

Silkwave Inc. Reports Results of 3-for-1 Rights Issue

Silkwave Inc. announced the results of its non-underwritten rights issue on the basis of three rights shares for every one share held on the record date. The company received valid acceptances and excess applications for 376,672,489 rights shares, making the offer 4.68% oversubscribed, with excess rights shares allocated on a pro-rata basis of about 86.14%. The rights issue generated net proceeds of about HK$162.0 million, and dealings in the fully-paid rights shares are expected to begin on 4 March 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. Silkwave 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-20260302-12036608), on March 02, 2026, and is solely responsible for the information contained therein.

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The company received valid acceptances and excess applications for 376,672,489 rights shares, making the offer 4.68% oversubscribed, with excess rights shares allocated on a pro-rata basis of about 86.14%. The rights issue generated net proceeds of about HK$162.0 million, and dealings in the fully-paid rights shares are expected to begin on 4 March 2026.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>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. Silkwave 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. 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Reports Results of 3-for-1 Rights Issue\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2026-03-02 19:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Silkwave Inc. Reports Results of 3-for-1 Rights Issue\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Silkwave Inc. announced the results of its non-underwritten rights issue on the basis of three rights shares for every one share held on the record date. 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The rights issue generated net proceeds of about HK$162.0 million, and dealings in the fully-paid rights shares are expected to begin on 4 March 2026.\n      \n\n\nDisclaimer: 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. Silkwave 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. 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