Smart Fish Wealthlink plans placing 245,706,960 shares at HK$0.16 each
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Smart Fish Wealthlink plans to place 245,706,960 new shares at HK$0.16 each, pending shareholder approval. The gross proceeds are expected to be around HK$39.3 million, primarily for liability settlement and working capital, including repaying bank overdrafts. The new shares represent about 20% of existing capital, leading to an estimated 16.67% dilution. A shareholder vote is set for June 18, 2026, with conditions to be met by June 30, 2026.
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