Alpha Professional Converts HK$9.8 Million Debt to Equity via New Share Issue

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2026.02.12 14:02
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Alpha Professional Holdings Ltd. is converting HK$9.8 million of debt into equity by issuing 35 million new shares at HK$0.28 each, as part of a restructuring of an intra-group loan owed to AP Diamond. This move aims to optimize the company's capital structure and reduce debt exposure without immediate cash outflows. The new shares will represent approximately 9.28% of existing share capital. The latest analyst rating for the stock is a Hold with a price target of HK$0.36.