REGAL PARTNERS allocated 560 million new shares, raising HKD 28 million

REGAL PARTNERS (01575.HK) announced the placement of up to 560 million new shares, accounting for 14.51% of the expanded share capital; the placement price is HKD 0.05, equivalent to the closing price on the last trading day (5th). The total fundraising amount is HKD 28 million, with a net amount of HKD 27.71 million, intended for further expanding the group's production capacity and supply chain in Southeast Asia; developing multiple showrooms in the Southeast Asia region; and general working capital