---
title: "BGMC to Issue New Shares to Settle HK$17.6 Million Trade Payables"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/271672795.md"
description: "BGMC International Ltd. (HK:1693) plans to issue 7,489,496 new shares at HK$2.35 each to settle HK$17.6 million in trade payables. This issuance will represent approximately 18.92% of the current share capital and aims to reduce the company's trade debt while diluting existing shareholders. Shareholder approval will be sought at an extraordinary general meeting, and the company will apply for the listing of the new shares. BGMC operates in the construction and engineering sector in Hong Kong."
datetime: "2026-01-06T15:10:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/271672795.md)
  - [en](https://longbridge.com/en/news/271672795.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/271672795.md)
---

# BGMC to Issue New Shares to Settle HK$17.6 Million Trade Payables

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BGMC International Ltd. ( (HK:1693) ) just unveiled an update.

BGMC International Ltd. has agreed to issue 7,489,496 new shares at HK$2.35 each under a specific mandate to a trustee acting on behalf of its trade creditors, in order to fully settle outstanding trade payables of approximately HK$17.6 million. The new shares will represent about 18.92% of the current issued share capital, or 15.91% on an enlarged basis, and the company will seek shareholder approval at an extraordinary general meeting and apply for listing of the new shares, a move that will reduce its trade debt burden while diluting existing shareholders and reshaping its capital structure.

**More about BGMC International Ltd.**

BGMC International Ltd. is a Hong Kong-listed company incorporated in the Cayman Islands, operating in the construction and engineering sector and serving a range of trade creditors and business counterparties in its supply chain.

**Average Trading Volume:** 15,372

**Technical Sentiment Signal:** Buy

**Current Market Cap:** HK$93.04M

Learn more about 1693 stock on TipRanks’ Stock Analysis page.

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