Zhicheng Development Holdings (08268): Termination of Placement Agreement

Zhicheng Development Holdings (08268) announced that, regarding the proposed placement of up to 33.33 million placement shares, the company and the placement agent have mutually agreed to terminate the placement agreement immediately due to market conditions. Following the termination of the placement agreement, all obligations of the parties involved have been concluded and terminated. Neither party shall make any claims against the other regarding any matters or issues arising from or related to the placement agreement, except for any prior breaches of obligations under the placement agreement.

Zhitong FinanceMar 5 21:03

Hong Kong Stock Market Update | Zhicheng Development Holdings (08268) opened nearly 14% higher as it plans to place shares at a discount, raising up to approximately HKD 9.5 million in net proceeds.

Zhi Cheng Development Holdings (08268) opened nearly 14% higher. As of the time of writing, it was up 13.85% at HKD 0.37, with a turnover of HKD 186,500.

Zhitong FinanceFeb 24 09:25

Zhicheng Development Holdings (08268.HK) plans to place up to 33.33 million shares at a discount of approximately 7.69%, raising net proceeds of HKD 9.5 million.

Gelonghui, February 23rd | Zhicheng Development Holdings (08268.HK) announced that on February 23, 2026, the company entered into a placement agreement with the placement agent. According to the agreement, the company has conditionally agreed to appoint the placement agent, and the placement agent has conditionally agreed to act as the company’s placement agent. The placement agent will, on a best-efforts basis, procure subscribers to subscribe for up to 33.33 million placement shares at a placement price of HKD 0.30 per share. The placement shares will be allotted and issued pursuant to the general mandate and will be allotted to no fewer than six subscribers. These subscribers and their ultimate beneficial owners are all independent third parties. The company will apply to the Listing Committee for approval.

Gelonghui FinanceFeb 23 21:25

Great Plains Development Authority Agrees to Deploy Cognitive City Twin and Digital Alpha Urban OS With Smart City Labs

PR NewswireJan 7 00:11

SMART CITY DEV: Interim Report 2025

HKEXDec 3, 2025 16:45 · Announcements

Zhicheng Development Holdings (08268) announced its interim results, reporting a net loss of HKD 9.52 million, representing an 8.4% year-on-year increase.

Zhicheng Development Holdings (08268) announced its interim results for the six months ended September 30, 2025. The company reported revenue of HKD 214 million, representing a year-on-year increase of 5.91%; net loss for the period was HKD 9.52 million, reflecting an 8.4% year-on-year increase; and basic loss per share was 3.31 HK cents.

Zhitong FinanceNov 26, 2025 21:40