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Transtech Optelecom Raises HK$18.55 Million Through Share Placement

Reuters01-06

Transtech Optelecom Raises HK$18.55 Million Through Share Placement

Transtech Optelecom Science Holdings Ltd. has completed a private placement of 38,976,000 new shares under its general mandate. The shares were placed by the Placing Agent to not fewer than six placees at a price of HK$0.476 per share. Following the completion, the total number of issued shares increased to 298,976,000, with the new placees holding approximately 13.04% of the enlarged share capital. The company intends to use about HK$5.97 million of the net proceeds for loan repayments and HK$12.25 million for general working capital, including audit fees, rent, and salaries, during the year ending 31 December 2026.

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. Transtech Optelecom Science 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-20260106-11980862), on January 06, 2026, and is solely responsible for the information contained therein.

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.

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