According to the latest data from the Hong Kong Stock Exchange, on December 30, a shareholder of ITC PROPERTIES (00199) deposited shares into Ribang Securities. The deposited shares have a market value of HK$104 million, accounting for 10.00% of the company's issued share capital.
On December 22, ITC PROPERTIES announced that all conditions set out in the subscription agreement had been fulfilled, and the completion was finalized on December 22, 2025, in accordance with the terms and conditions of the agreement. A total of 100.8 million new shares were allotted and issued to the subscriber at a subscription price of HK$0.7 per share.
These 100.8 million subscription shares represented approximately 11.11% of the total issued shares of the company immediately prior to the completion. Following the allotment and issuance of the subscription shares, which enlarged the share capital, they now represent approximately 10.00% of the total issued shares.
