OCI INTL (00329.HK): updates use of placing proceeds
- About HKD 24,470,000 will fund seed investments in IPOs by 30 June 2027; the Group plans to set up and manage funds holding such investments for management and performance fees.
- About HKD 4,080,000 will expand the Group's wine and beverage business, and HKD 4,080,000 will serve as general working capital, both by 31 March 2027.
NewTimeSpace News: On 14 October 2026, OCI International Holdings Limited (00329.HK) issued a supplementary announcement to its 5 October 2026 announcement on a placing of new shares under a general mandate, setting out the use and timetable of the net proceeds. About HKD 24,470,000 will fund seed investments in initial public offerings by 30 June 2027; the Group plans to set up and manage funds holding such investments to earn management and performance fees, targeting high-growth sectors such as AI and technology innovation, A+H dual-listed issuers and market capitalisation above HKD 7.8 billion. About HKD 4,080,000 will expand the wine and beverage business and HKD 4,080,000 will be general working capital, both by 31 March 2027. Of that, HKD 3,080,000 covers administrative expenses and HKD 1,000,000 will strengthen its Type 9 regulated activity. Other information remains unchanged.
- OCI INTL (00329.HK): H1 Revenue Down 18% to HK$28.2m, Period Loss Widens to HK$3.94m
- OCI INTL (00329.HK): Lu Yongren Resigns as Independent Non-Executive Director; Zhu Junming Appointed Executive Director
- OCI International(00329.HK): Change of Company Secretary, Authorised Representative and Process Agent
