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Shengli Securities (08540) plans to sell a maximum of 14.12 million shares at a discount of about 2.75% to raise about HK$57.66 million
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According to the Zhitong Finance App, Shengli Securities (08540) announced that on September 11, 2026, the company plans to place a maximum of 14.12 million shares placed, which is equivalent to about 6.63% of the total number of shares issued on the date of this announcement; and about 6.22% of the company's issued shares, which expanded after all allotments and issuance of the placed shares. The placement price was HK$4.25 per share, a discount of approximately 2.75% from the closing price of HK$4.37 per share on September 11. Assuming that all of the placed shares are fully placed, the total proceeds from the placement will be approximately HK$6.1 million, while the net proceeds from the placement are estimated to be approximately HK$57.66 million. The net proceeds from the placement are intended to expand regional markets (in particular to obtain different licenses in different jurisdictions in Asia); expand capital allocation for margin loans to meet growing customer needs; invest in IT infrastructure, not limited to adopting and developing the most advanced and AI-driven tools and upgrading cybersecurity systems, and make selective strategic investments to align business goals and access relevant technology and markets.

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