YUK WING GP (01536.HK): Rights Issue Done; 1.368 Billion Shares, HKD 134.9m

NewTimeSpace News: On 30 October 2026, Yuk Wing Group Holdings Limited (stock code: 01536) announced the results of its non-underwritten rights issue on the basis of three rights shares for every one share held. As of the final acceptance deadline, seven valid acceptances had been received for 1,295,957,159 rights shares, representing about 94.73% of the total; the remaining 72,042,841 shares (about 5.27%) were placed at HKD 0.10 each to no fewer than six placees.

The announcement stated that all conditions were fulfilled and the rights issue and placing became unconditional on 26 October 2026. A total of 1,368,000,000 rights shares, or 100% of the shares available for subscription, will be allotted and issued. Gross proceeds were about HKD 136.8 million and net proceeds about HKD 134.9 million, to be used for settling deferred payments, exercising subscription options, the business development of Anhui Runsheng and general working capital.

The fully paid rights shares are expected to commence trading on the Stock Exchange at 9:00 a.m. on 3 November 2026. Upon completion of the rights issue, the shareholding of the substantial shareholder Hellobaby International, wholly owned by Liu Qiang, remains at 29.00%.