ELIFE HLDGS (00223.HK): Completes placing of 277.52 mln shares
- The placing shares equal about 17.01% of the issued shares before completion and about 14.54% of the enlarged capital.
- HKD 10.88 million, or 40.00% of the net proceeds, will be used for general working capital.
NewTimeSpace News: On 26 October 2026, Elife Holdings Limited (stock code: 00223.HK) said all conditions of the placing agreement were fulfilled and the placing completed that day. A total of 277,520,000 placing shares were allotted and issued at HKD 0.1 each to not fewer than six placees, equal to about 17.01% of the issued shares before completion and about 14.54% of the enlarged issued share capital. Net proceeds were about HKD 27.20 million.
About HKD 8.85 million (32.54%) will fund the Group's supply chain business, including advances to suppliers; HKD 7.47 million (27.46%) will settle payables including professional fees and repayment of directors' loans; and HKD 10.88 million (40.00%) will go to working capital. All placees and their ultimate beneficial owners are independent third parties, and no placee became a substantial shareholder on completion. China Innovation Investment Limited's stake fell from 13.85% to 11.84% and Liu Qiuhua's from 16.54% to 14.13%.
- ELIFE HLDGS (00223.HK): Fung Chi Pan appointed as Chairman, Chiu Chun Chung appointed as Chief Executive Officer
- HANKING GOLD (03788.HK): Wang Ping appointed Senior Independent Non-Executive Director
- HANKING GOLD (03788.HK): Mt Bundy Gold Project Mill Construction Commences, to Be the Largest Gold Mill in the Northern Territory
- HANKING GOLD (03788.HK): EPC and EPCM contracts for 5.5 Mtpa processing plant of Mt Bundy gold project awarded to two contractors, with aggregate contract value of approximately AUD 120.98 million
- HANKING GOLD INTERNATIONAL LIMITED(03788.HK): Donates RMB 3 Million to Support Post-disaster Reconstruction in Fushun, Liaoning
