---
title: "ZALL SMARTCOM issues new shares to major shareholders at a 10% discount, raising HKD 312 million"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/226396567.md"
description: "ZALL SMARTCOM announced that it will issue 1.2 billion new shares to its controlling shareholder ZALL Holdings, equivalent to an 8.82% increase in the post-expansion share capital; the subscription price per share is HKD 0.26, a discount of 10.34% compared to the last trading day (27th). The total amount raised is HKD 312 million, with a net amount of HKD 311.7 million intended for debt repayment"
datetime: "2025-01-27T17:28:26.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/226396567.md)
  - [en](https://longbridge.com/en/news/226396567.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/226396567.md)
---

# ZALL SMARTCOM issues new shares to major shareholders at a 10% discount, raising HKD 312 million

ZALL SMARTCOM (02098.HK) announced that it will issue 1.2 billion new shares to its controlling shareholder ZALL Holdings, equivalent to an 8.82% increase in the post-expansion share capital; the subscription price per share is HKD 0.26, a discount of 10.34% compared to the last trading day (27th). The total amount raised is HKD 312 million, with a net amount of HKD 311.7 million intended for debt repayment

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