- Alco announced a proposed non-underwritten rights issue of 4 rights shares for every 1 share held, priced at HKD 0.55 per rights share.
- The transaction could include up to 229,113,720 rights shares and raise up to HKD 126.0 million in gross proceeds.
- The record date is expected to be May 28, 2026, and the subscription deadline is expected to be 4:00 p.m. on June 12, 2026.
- Any unsubscribed rights shares are expected to be placed to independent investors on a best-effort basis through a placing agent.
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. Alco Holdings Limited 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-20260325-12065801), on March 24, 2026, and is solely responsible for the information contained therein.
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