King's Stone (SEHK: 01943) has announced that all conditions under the placement agreement have been satisfied, and the placement was completed on July 21, 2026.
A total of 143 million placement shares were allotted and issued to no fewer than six placees at a price of HK$0.5456 per share, in accordance with the terms of the placement agreement.
These shares represent approximately 12.18% of the company's enlarged issued share capital following their allotment and issuance.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.