China Strategic Technology Extends Deadline for Share Placement

MT Newswires Live03-05

China Strategic Technology (HKG:1725) has extended the deadline for its proposed placement of new shares under a specific mandate to March 31, according to a Wednesday Hong Kong bourse filing.

The commercial aerospace company and placing agent agreed to the extension as additional time is needed to fulfill the conditions precedent under the placing agreement.

The planned placement involves up to 90 million new shares at HK$0.56 each to at least six independent investors.

The placement forms part of a broader fundraising plan announced in December 2025 that also includes the subscription of about 160.9 million new shares by two investors at the same price.

The company expects to raise up to roughly HK$138.1 million in net proceeds from the subscription and placing combined, mainly to repay shareholder loans and for general working capital.

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

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2617950215?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-05 10:38","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2617950215","market":"sg","top_or_hot":-1,"title":"China Strategic Technology Extends Deadline for Share Placement","media":"MT Newswires Live","content":"<html><body><p> China Strategic Technology (HKG:1725) has extended the deadline for its proposed placement of new shares under a specific mandate to March 31, according to a Wednesday Hong Kong bourse filing.</p><p>The commercial aerospace company and placing agent agreed to the extension as additional time is needed to fulfill the conditions precedent under the placing agreement.</p><p>The planned placement involves up to 90 million new shares at HK$0.56 each to at least six independent investors.</p><p>The placement forms part of a broader fundraising plan announced in December 2025 that also includes the subscription of about 160.9 million new shares by two investors at the same price.</p><p>The company expects to raise up to roughly HK$138.1 million in net proceeds from the subscription and placing combined, mainly to repay shareholder loans and for general working capital.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China Strategic Technology Extends Deadline for Share Placement</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina Strategic Technology Extends Deadline for Share Placement\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-03-05 10:38</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> China Strategic Technology (HKG:1725) has extended the deadline for its proposed placement of new shares under a specific mandate to March 31, according to a Wednesday Hong Kong bourse filing.</p><p>The commercial aerospace company and placing agent agreed to the extension as additional time is needed to fulfill the conditions precedent under the placing agreement.</p><p>The planned placement involves up to 90 million new shares at HK$0.56 each to at least six independent investors.</p><p>The placement forms part of a broader fundraising plan announced in December 2025 that also includes the subscription of about 160.9 million new shares by two investors at the same price.</p><p>The company expects to raise up to roughly HK$138.1 million in net proceeds from the subscription and placing combined, mainly to repay shareholder loans and for general working capital.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1167","symbol_name":"电子制造服务","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2617950215","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2617950215","pubTimestamp":1772678304,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"China Strategic Technology  has extended the deadline for its proposed placement of new shares under a specific mandate to March 31, according to a Wednesday Hong Kong bourse filing.The commercial aerospace company and placing agent agreed to the extension as additional time is needed to fulfill the conditions precedent under the placing agreement.The planned placement involves up to 90 million new shares at HK$0.56 each to at least six independent investors.The placement forms part of a broader fundraising plan announced in December 2025 that also includes the subscription of about 160.9 million new shares by two investors at the same price.The company expects to raise up to roughly HK$138.1 million in net proceeds from the subscription and placing combined, mainly to repay shareholder loans and for general working capital.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1167":"电子制造服务","01725":"中国技术集团"},"translate_title":"中策科技延长配股截止日期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01725":1},"content_text":"China Strategic Technology (HKG:1725) has extended the deadline for its proposed placement of new shares under a specific mandate to March 31, according to a Wednesday Hong Kong bourse filing.The commercial aerospace company and placing agent agreed to the extension as additional time is needed to fulfill the conditions precedent under the placing agreement.The planned placement involves up to 90 million new shares at HK$0.56 each to at least six independent investors.The placement forms part of a broader fundraising plan announced in December 2025 that also includes the subscription of about 160.9 million new shares by two investors at the same price.The company expects to raise up to roughly HK$138.1 million in net proceeds from the subscription and placing combined, mainly to repay shareholder loans and for general working capital.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2617950215","isCrawlerRequest":true}