Zhitong Finance App News, Liangqing Holdings (08603.HK) issued an announcement. All conditions of the subscription agreement have been met, and the completion of the subscription matters has been implemented on December 5, 2025. According to the terms and conditions of the subscription agreement, a total of 18.92 million subscribed shares have been distributed and issued to the subscribers at a subscription price of HK$2.61 per subscribed share, which is equivalent to approximately 2.31% of the total number of issued shares expanded through allotment and issuance of subscribed shares immediately after completion. The total net proceeds from the subscription process will be used for the following purposes: approximately HK$35 million to cover employee costs, including salary, wages, commissions, bonuses, allowances and retirement benefit plan contributions; approximately HK$6 million to cover rent expenses and property management expenses; and approximately HK$5.71 million for other business and corporate expenses, including marketing and promotion expenses, office and general administrative expenses.

Zhitongcaijing · 2d ago
Zhitong Finance App News, Liangqing Holdings (08603.HK) issued an announcement. All conditions of the subscription agreement have been met, and the completion of the subscription matters has been implemented on December 5, 2025. According to the terms and conditions of the subscription agreement, a total of 18.92 million subscribed shares have been distributed and issued to the subscribers at a subscription price of HK$2.61 per subscribed share, which is equivalent to approximately 2.31% of the total number of issued shares expanded through allotment and issuance of subscribed shares immediately after completion. The total net proceeds from the subscription process will be used for the following purposes: approximately HK$35 million to cover employee costs, including salary, wages, commissions, bonuses, allowances and retirement benefit plan contributions; approximately HK$6 million to cover rent expenses and property management expenses; and approximately HK$5.71 million for other business and corporate expenses, including marketing and promotion expenses, office and general administrative expenses.