---
title: "RA SILK ROAD plans to issue approximately 89,118,650 shares for loan capitalization"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/227614389.md"
description: "RA SILK ROAD plans to issue approximately 89,118,654 shares for loan capitalization. According to the agreement with the subscribers, the company agrees to issue shares at a price of HKD 0.05 per share, and the subscribers are required to pay approximately HKD 4.456 million, which will be used to capitalize all debts owed by the company. This issuance of shares accounts for approximately 13.27% of the company's expanded issued share capital"
datetime: "2025-02-08T09:14:07.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/227614389.md)
  - [en](https://longbridge.com/en/news/227614389.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/227614389.md)
---

# RA SILK ROAD plans to issue approximately 89,118,650 shares for loan capitalization

RA SILK ROAD (00274.HK) announced that on February 7, 2025, the company entered into a subscription agreement with the subscriber, under which the company conditionally agreed to allot and issue, and the subscriber conditionally agreed to subscribe for 89,118,654 subscription shares at a subscription price of HKD 0.05 per subscription share. The amount payable by the subscriber under the subscription agreement, approximately HKD 4.456 million, will be paid by capitalizing all amounts owed by the company to the subscriber. The subscription shares represent approximately 13.27% of the company's issued share capital after the allotment and issuance of the subscription shares

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