Core Viewpoint - Alpha Enterprises (00948) has successfully completed a placement of 28 million shares at a price of HKD 0.24 per share, with the proceeds intended to support the expansion of its dairy product business [1] Group 1: Share Placement Details - The share placement was completed on November 14, 2025, with the placement agent successfully distributing shares to no fewer than six subscribers [1] - The total net proceeds from the placement, after deducting expenses, amounted to HKD 6.29 million [1] - The subscription price for the shares was set at HKD 0.24 per share [1] Group 2: Use of Proceeds - The net proceeds from the placement are planned to be used to support the expansion of the company's dairy product business [1]

Core Viewpoint - Alpha Enterprises (00948) has successfully completed a placement of 28 million shares at a price of HKD 0.24 per share, with the proceeds intended to support the expansion of its dairy product business [1] Group 1: Share Placement Details - The share placement was completed on November 14, 2025, with the placement agent successfully distributing the shares to no fewer than six subscribers [1] - The subscription agreement conditions have been fully met, and the completion was finalized on November 25, 2025 [1] - The seller, a wholly-owned subsidiary of Miracle Planet Developments Limited, subscribed for and received 28 million shares at the same price of HKD 0.24 per share [1] Group 2: Financial Implications - The net proceeds from the subscription, after deducting expenses, totaled HKD 6.29 million [1] - The company plans to utilize the net proceeds to support the expansion of its dairy product business [1]

Core Viewpoint - Alpha Enterprises (00948.HK) has announced a placement and subscription agreement to issue up to 28 million shares at a price of HKD 0.24 per share, with proceeds intended to support the expansion of its dairy product business [1] Group 1 - The company has entered into a placement and subscription agreement with the seller, Huade Investment Limited, and the placement agent, Jinhau Securities Limited [1] - The placement agent is tasked with facilitating the purchase of shares by at least six subscribers [1] - The total net proceeds from the subscription, after deducting expenses, amount to HKD 6.29 million [1] Group 2 - The completion of the subscription has been confirmed as of November 25, 2025, with all conditions met [1] - The seller has subscribed for and the company has issued 28 million subscription shares at the agreed price [1] - The funds raised will be utilized to support the expansion of the company's dairy product business [1]

Group 1 - Alpha Enterprises (00948) announced a placement and subscription agreement with the seller, Huade Investment Limited, and the placement agent, aiming to sell up to 28 million shares at a price of HKD 0.24 per share [1] - The maximum number of placement shares represents approximately 8.02% of the existing issued share capital as of the announcement date, and about 7.42% of the enlarged issued share capital after the placement [1] - The placement price of HKD 0.24 per share reflects a discount of approximately 7.7% compared to the last closing price of HKD 0.26 per share [1] Group 2 - If all placement shares are fully subscribed, the total gross proceeds from the subscription will be approximately HKD 6.72 million, with a net amount of about HKD 6.29 million after expenses [2] - The net proceeds from the subscription are intended to be used to expand the company's dairy product business [2]

Core Viewpoint - Alpha Enterprises (00948.HK) has announced a placement and subscription agreement involving the sale of up to 28 million shares at a price of HKD 0.24 per share, which represents a discount of approximately 7.7% from the last closing price of HKD 0.26 [1][2] Group 1: Placement and Subscription Agreement - The seller, Huade Investment Co., Ltd., has appointed a placement agent to facilitate the sale of shares to at least six subscribers [1] - The maximum number of shares to be placed represents about 8.02% of the existing issued share capital as of the announcement date, and approximately 7.42% of the enlarged issued share capital post-placement [1] - The completion of the subscription is conditional upon the successful completion of the placement and the approval of the Hong Kong Stock Exchange for the listing and trading of the subscription shares [1] Group 2: Financial Implications - If all placement shares are successfully placed, the total proceeds from the subscription will be approximately HKD 6.72 million, with a net amount of about HKD 6.29 million after expenses [2] - The net proceeds from the subscription are intended to be used to expand the company's dairy product business [2]

Group 1 - Alpha Enterprises (00948) announced a placement and subscription agreement on November 12, 2025, involving the sale of up to 28 million shares at a price of HKD 0.24 per share, which represents a discount of approximately 7.7% compared to the last trading price of HKD 0.26 [1][2] - The maximum number of placement shares, 28 million, will account for about 8.02% of the existing issued share capital as of the announcement date, and approximately 7.42% of the issued share capital after the placement and subscription [1] - The total gross proceeds from the subscription are estimated to be around HKD 6.72 million, with a net amount of approximately HKD 6.29 million expected after expenses, which will be used to expand the company's dairy product business [2]

Core Viewpoint - The ninth "International Symposium on Dairy Cow Nutrition and Milk Quality" was held in Beijing, focusing on building a sustainable dairy industry and providing a platform for international exchange among dairy practitioners and experts [1][2] Group 1: Global Dairy Industry Trends - Global dairy product production has steadily increased over the past 20 years, reaching 968 million tons in 2023, with Asia contributing 46%, surpassing the EU as the largest region [1] - India has become the world's largest milk producer, with an annual production of 239 million tons [1] - Global per capita dairy consumption has also been on the rise, reaching 118.6 kilograms in 2023 [1] Group 2: China's Dairy Industry Achievements - China's dairy industry has made significant progress over the past 20 years, with milk production expected to reach 40.79 million tons in 2024 [2] - The quality of the dairy industry has improved significantly, with indicators such as milk yield per cow, mechanical milking, feeding practices, and fresh milk quality reaching international advanced levels [1][2] Group 3: Future Directions for Sustainable Development - The report emphasizes three areas of technological innovation for the sustainable development of the global and Chinese dairy industry: reducing costs and dependence on soybeans, ensuring quality and safety, and promoting the integration of agriculture and animal husbandry [2] - The Chinese dairy industry faces challenges such as resource constraints, environmental pressures, and market volatility, necessitating a focus on innovation, green development, quality assurance, and open cooperation for sustainable growth [2]