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Mai Fushi (02556) has completed the issuance of a total of 12.3334 million shares, raising net proceeds of approximately HK$499.7 million.
Mai Fu Shi (02556) announced that all conditions precedent stipulated in the subscription agreements have been satisfied, and the subscription transactions, involving an aggregate of 12,333,400 new shares of the company, were completed on May 20, 2026, in accordance with the terms and conditions of the respective subscription agreements.
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Pursuant to the agreement, the company has conditionally agreed to allot and issue, and the subscriber has conditionally agreed to subscribe for a total of 12,333,400 new shares at a subscription price of HKD 40.54 per share.