Crown Global Group (00727.HK) Fully Accepted and Applied for the Rights Issue with 102.7% Valid Acceptance

robot
Abstract generation in progress

Gelonghui, February 23 — Crown Global Group (00727.HK) announced that the board is pleased to declare that all conditions set out in the memorandum have been fulfilled, and the rights issue will become unconditional at 4:00 p.m. on February 13, 2026 (Friday). As of 4:00 p.m. on February 12, 2026 (Thursday) (the deadline for accepting the rights issue shares, paying the share consideration, and applying for additional rights issue shares and paying the share consideration):

(i) Ten (10) provisional allotment acceptances have been received under the provisional allotment notices, involving a total of 349,624,546 rights issue shares, which is approximately 36.7% of the maximum of 953,883,000 rights issue shares to be offered; and (ii) Nine (9) additional application forms for additional rights issue shares have been received, involving a total of 629,517,634 rights issue shares, which is approximately 66.0% of the maximum of 953,883,000 rights issue shares to be offered.

A total of 19 valid acceptances and applications for 979,142,180 rights issue shares have been received and accepted, representing approximately 102.7% of the maximum of 953,883,000 rights issue shares to be offered.

Based on the above results, the rights issue has been oversubscribed by 25,259,180 shares, which is approximately 2.7% of the maximum of 953,883,000 rights issue shares to be offered.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)