Kiu Hung Finalizes Share Subscription Deal

Kiu Hung International Holdings Limited (HK:0381) has released an update.

Kiu Hung International Holdings Limited has successfully completed the issuance of over 53 million new shares through a Subscription Agreement, resulting in a notable increase in the subscriber’s stake from approximately 2.63% to over 9%. The transaction significantly alters the company’s shareholding structure, with public shareholders now holding around 90.79% of the equity. This strategic move is part of the company’s loan capitalization efforts under its general mandate.

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