VSING Ltd. Announces HK$60 Million Share Placement at HK$0.4 Each
VSING Ltd. has announced a share placement of 150 million new shares at HK$0.4 each, raising HK$60 million. The placement, under a general mandate, will increase the total issued shares to 1.228 billion, with new placees holding 12.21% of the enlarged share capital. The proceeds will support business operations and general working capital. The placement does not require shareholder approval and is subject to certain conditions.
VSING Ltd. has announced a placing of new shares under a general mandate. The company has entered into a Placing Agreement with Grand Moore Capital Limited to issue up to 150,000,000 new shares at a price of HK$0.4 per share to not less than six placees, who may be individuals, corporate, or institutional investors. Upon completion, the total number of issued shares will increase from 1,078,320,000 to 1,228,320,000, with the new placees holding approximately 12.21% of the enlarged share capital. The placing is not subject to shareholders’ approval and will be conducted pursuant to the company’s general mandate. The proceeds will be used to support the company’s business segment and for general working capital. Completion of the placing is subject to fulfillment of certain conditions. 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. VSING Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251201-11937973), on December 01, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
