Group 1 - The core announcement is that New City Development Holdings Limited has completed its placement and subscription matters on February 9 and February 11, 2026, respectively [1] - A total of 198 million shares were successfully placed at a price of HKD 2.39 per share, representing 2.73% of the company's enlarged issued share capital [1] - The net proceeds from the subscription amount to approximately HKD 469 million [1] Group 2 - 90% of the proceeds, approximately HKD 422 million, will be used to repay a USD 404 million bond maturing in May 2026 for its subsidiary, New City Holdings [1] - 5% of the proceeds, around HKD 23.45 million, will be allocated for the renovation and upgrading of the Wuyue Plaza complex and other future developments [1] - The remaining 5% will be used for general working capital, with the funds expected to be utilized by May 31 and December 31, 2026 [1]
新城发展完成1.98亿股配售 筹资净额4.69亿港元