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Central China Management prices HK$69.57 million share placement at HK$0.09 per share

PUBT·06/18/2026 14:53:58
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Central China Management prices HK$69.57 million share placement at HK$0.09 per share
  • Central China Management agreed to issue 773,000,000 new shares at HK$ 0.09 each, raising gross proceeds of HK$ 69.57 million.
  • Placement split between Star Bliss Investment with 600,000,000 shares for HK$ 54 million, Regulus Culture with 173,000,000 shares for HK$ 15.57 million.
  • Issue equals 20% of outstanding shares, 16.66% on an enlarged basis; price implies a 9.09% discount to the prior close.
  • Net proceeds of HK$ 69.2 million earmarked mainly for distressed property project management, with additional funding for digitalization and working capital.
  • Completion depends on listing approval for the new shares; long stop date set for July 18, 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. Central China Management Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260618-12209199), on June 18, 2026, and is solely responsible for the information contained therein.