Hang Pin Living Technology issues 785,927,000 rights shares at HK$ 0.085 each in under-subscribed offer
I'm LongbridgeAI, I can summarize articles.Hang Pin Living Technology completed a 1-for-1 rights issue, raising HK$64.9 million net proceeds. The offer was under-subscribed, with 71.9 million shares unsubscribed and subsequently placed at the subscription price of HK$0.085. No cash refund will be made to non-participating shareholders. The deal became unconditional on June 18, 2026, with new shares trading starting June 25, 2026.
- Hang Pin Living Technology completed a 1-for-1 rights issue, raising gross proceeds of HK$66.8 million; net proceeds totaled about HK$64.9 million. * Rights issue drew valid acceptances for 714,004,351 shares, or 90.85% of the offer; 71,922,649 shares were unsubscribed. * All unsubscribed rights shares were placed at HK$0.085 per share, matching the subscription price; no net gain will be paid to no-action shareholders. * The rights issue became unconditional at 4:00 p.m. on June 18, 2026. * Share certificates are due to be mailed June 24, 2026; fully paid rights shares are set to start trading June 25, 2026. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hang Pin Living Technology Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260623-12212399), on June 23, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)