Gaodi Holdings to Place 4.67 Million Shares at HKD 0.23 Each

Reuters03-11

Gaodi Holdings to Place 4.67 Million Shares at HKD 0.23 Each

Gaodi said it entered a placing agreement to issue up to 4,665,371 new shares at HKD 0.23 per share. The shares will be placed by KGI Asia to at least six investors who are described as independent third parties. The company estimated net proceeds of about HKD 0.96 million from the transaction. Gaodi said it plans to use the proceeds for general working capital.

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-20260311-12048910), on March 11, 2026, and is solely responsible for the information contained therein.

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