---
title: "KINGLAND GROUP suggests conducting a three supplies and one service, raising up to 153 million"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/278264927.md"
description: "KINGLAND GROUP announced a proposed rights issue to issue 96.768 million shares; the subscription price is HKD 1.58, equivalent to the closing price on the last trading day (6th). The maximum fundraising amount is HKD 153 million, with a net amount of HKD 148 million intended for fulfilling the performance guarantee requirements of engineering agreements and for preliminary project costs"
datetime: "2026-03-08T12:07:05.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/278264927.md)
  - [en](https://longbridge.com/en/news/278264927.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/278264927.md)
---

# KINGLAND GROUP suggests conducting a three supplies and one service, raising up to 153 million

KINGLAND GROUP (01751.HK) announced a proposed rights issue to issue 96.768 million shares; the subscription price is HKD 1.58, equivalent to the closing price on the last trading day (6th). The maximum fundraising amount is HKD 153 million, with a net amount of HKD 148 million intended for fulfilling the performance bond requirements of engineering agreements and covering preliminary project costs

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