-+ 0.00%
-+ 0.00%
-+ 0.00%
Long Investment Raises HK$ 80.63 Million in Undersubscribed Rights Issue
Share
Listen to the news
Long Investment Raises HK$ 80.63 Million in Undersubscribed Rights Issue
  • Long Investment will issue 204,121,127 Rights Shares under its one-for-two rights issue, representing an 89.35% subscription rate.
  • The issue was undersubscribed by 24,318,076 Rights Shares, or 10.65%; those shares will not be issued.
  • Gross proceeds total approximately HK$ 80.63 million, with net proceeds of approximately HK$ 79.73 million.
  • All valid excess applications were satisfied in full, covering 75,825,061 Rights Shares.
  • Trading in the fully paid Rights Shares is expected to begin on October 27, 2026, at 9 a.m.


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. Long Investment Corp. 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-20261023-12380905), on October 23, 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.
What's Trending