BIREN TECH (06082.HK): Completes 130m new H share placement
On 12 October 2026, BIREN TECH (06082.HK) said it completed the placing of 130m new H shares at HKD 31.08 each, raising gross proceeds of HKD 4,040.4 million.
Key Highlights:
- The placing agent placed 130,000,000 shares to not fewer than six placees at HKD 31.08 each, about 9.54% of the issued H shares immediately before completion.
- Gross proceeds were HKD 4,040.4 million and net proceeds about HKD 4,019.7 million after commissions and estimated expenses.
NewTimeSpace News: On 12 October 2026, Shanghai Biren Technology Co., Ltd. (06082.HK) announced that all conditions of the placing agreement have been fulfilled and completion took place on 12 October 2026.
The placing agent placed 130,000,000 new H shares to not fewer than six placees at HKD 31.08 each, about 9.54% of the issued H shares and 5.00% of total issued shares immediately before completion, and 8.71% of the enlarged H shares and 4.76% of total issued shares afterwards. All placees are independent third parties.
Gross proceeds were HKD 4,040.4 million, with net proceeds of about HKD 4,019.7 million.
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