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Hony Media completes HK$0.40 placement of 107,500,000 shares under general mandate
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Hony Media completes HK$0.40 placement of 107,500,000 shares under general mandate
  • Hony Media Group completed a cash subscription share placement on July 20, issuing 107,500,000 new shares at HK$ 0.4 each.
  • Gross proceeds totaled about HK$ 43 million; the new shares represented about 6.32% of enlarged issued share capital.
  • Outstanding subscriptions for 55,000,000 additional shares remained pending.
  • The conversion price on HK$ 60 million of outstanding convertible bonds reset to HK$ 1 from HK$ 1.003, effective July 20.
  • Shares issuable on full conversion rose to 60,253,062 from 59,820,538.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hony Media Group published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260720-12249422), on July 20, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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