---
title: "Kwan On Plans HK$65 Million Non-Underwritten Rights Issue to Cut Debt and Fund Projects"
type: "News"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/news/273708119.md"
description: "Kwan On Holdings Ltd. plans to raise approximately HK$65.42 million through a non-underwritten rights issue, offering one rights share for every two shares held at HK$0.07 per share. The proceeds will be allocated as follows: 70.7% for repaying liabilities, 15.7% for new construction projects, and 13.6% for general working capital. The controlling shareholder, Sino Coronet, will subscribe to its full entitlement. The latest analyst rating for Kwan On stock is a Hold with a price target of HK$0.08."
datetime: "2026-01-26T13:11:17.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/273708119.md)
  - [en](https://longbridge.com/en/news/273708119.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/273708119.md)
---

> 支持的语言: [English](https://longbridge.com/en/news/273708119.md) | [繁體中文](https://longbridge.com/zh-HK/news/273708119.md)


# Kwan On Plans HK$65 Million Non-Underwritten Rights Issue to Cut Debt and Fund Projects

### Claim 50% Off TipRanks Premium

-   Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
-   Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential

Kwan On Holdings Ltd. ( (HK:1559) ) has issued an update.

Kwan On Holdings Ltd. plans to raise up to approximately HK$65.42 million through a non-underwritten rights issue, offering one rights share for every two shares held at a subscription price of HK$0.07 per share, available only to qualifying shareholders, whose holdings will be diluted if they do not subscribe. The company intends to use about 70.7% of the estimated HK$63.62 million net proceeds to repay group liabilities, 15.7% to support development and working capital needs for new construction projects, and the remaining 13.6% as general working capital, while controlling shareholder Sino Coronet has given an irrevocable undertaking to subscribe for its full entitlement and maintain its existing stake, with applications subject to possible scale-down to avoid triggering takeover obligations or breaching public float requirements.

The most recent analyst rating on (HK:1559) stock is a Hold with a HK$0.08 price target. To see the full list of analyst forecasts on Kwan On Holdings Ltd. stock, see the HK:1559 Stock Forecast page.

**More about Kwan On Holdings Ltd.**

**Average Trading Volume:** 176,410

**Technical Sentiment Signal:** Hold

**Current Market Cap:** HK$160.7M

For a thorough assessment of 1559 stock, go to TipRanks’ Stock Analysis page.

### 相关股票

- [KWAN ON HLDGS (01559.HK)](https://longbridge.com/zh-CN/quote/01559.HK.md)

## 相关资讯与研究

- [Kwan On Holdings Sets Out Board and Committee Structure](https://longbridge.com/zh-CN/news/273683803.md)
- [Grafton Group Cancels Further Shares Under Ongoing Buyback Programme](https://longbridge.com/zh-CN/news/281475469.md)
- [Genuit Strategy Chief Buys Shares in Regulatory-Disclosed Deal](https://longbridge.com/zh-CN/news/281346847.md)
- [As part of the deal, Unilever shareholders are expected to own about two-thirds of the new food business - WSJ](https://longbridge.com/zh-CN/news/281079790.md)
- [Bellway Cancels Further Shares as Buyback Programme Cuts Share Count to 116.3 Million](https://longbridge.com/zh-CN/news/281476594.md)