Hang Yick; rights issue becomes unconditional on March 20; net proceeds rise to HK$82 million

Reuters03-27

<a href="https://laohu8.com/S/01894">Hang Yick</a>; rights issue becomes unconditional on March 20; net proceeds rise to HK$82 million

Hang Yick said its 4-for-1 rights issue received valid acceptances for 73,475,116 rights shares, representing 39.9% of the rights shares offered.
The company placed 110,748,884 unsubscribed shares at HKD 0.46 per share, and said there was no net gain for distribution under the compensatory arrangements.
After completion, independent placees held 110,748,884 shares (48.1%) and public shareholders held 119,531,116 shares (51.9%).
Gross proceeds from the rights issue were about HKD 84.7 million and net proceeds were about HKD 82 million.

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. Hang Yick Holdings Co. 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-20260327-12072106), on March 27, 2026, and is solely responsible for the information contained therein.

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