CHINA PPT INV (00736.HK): Subscription of new shares completed
- The subscription shares represent about 16.67% of the issued shares before completion and about 14.29% of the enlarged issued share capital.
- Four subscribers received 8,000,000 shares each, one received 7,233,000 shares and two received 7,100,000 shares each.
NewTimeSpace News: On 29 October 2026, China Properties Investment Holdings Limited (stock code: 00736) announced that, with all conditions precedent under the subscription agreement fulfilled, the subscription was completed on the same date, and a total of 53,433,000 subscription shares were allotted and issued to the subscribers at HKD 0.188 per share, representing approximately 16.67% of the issued shares immediately before completion and approximately 14.29% of the enlarged issued share capital.
Net proceeds of approximately HKD 10.05 million will be used to settle the Group's interest-bearing borrowings. Following completion, seven subscribers hold 53,433,000 shares in aggregate, or between 1.90% and 2.14% each, the other public shareholders' stake was diluted from 100% to 85.71%, and the total issued shares rose from 320,599,606 to 374,032,606.