FDB HOLDINGS (01826) has announced the successful completion of its share placement, with approximately 611 million placement shares being subscribed by no fewer than six placees. The shares were placed at a price of HK$0.10 per share, which aligns with the subscription price, as confirmed at the final deadline of 4:00 p.m. on August 14, 2026.
Given this outcome, no net proceeds from the compensation arrangement will be distributed to non-acting shareholders. Following the results of the rights issue subscription and the placement under the compensation arrangement, a total of 799.2 million rights shares will be allotted and issued, representing 100% of the total rights shares available for subscription under the offering.
This development marks a significant step for FDB HOLDINGS in bolstering its capital base, with the full uptake of the rights issue reflecting strong investor confidence in the company's prospects.