According to Zhitong Financial App, CTR HOLDINGS (01416.HK) announced that on July 21, 2026 (after the end of the trading session on the Stock Exchange), the company plans to acquire CT Contractors Pte from Mr. Cai Shuihuo. Ltd. The total allotted, issued and fully paid share capital at a cost of HK$60.5 million will be paid through the issuance of 275 million shares. The issue price for each share is HK$0.22, which is approximately 22.22% premium over the closing price of HK$0.18 per share as reported on the Stock Exchange on July 21, 2026.

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