Alpha Enterprise (00948.HK) has completed the placement of a total of 28 million placement shares.

Wisdom Financial News APP, Alpha Enterprise (00948.HK) announced that all conditions for the placement have been met, and the placement was completed on November 14, 2025. The placement agent successfully placed a total of 28 million shares at a placement price of HK$0.24 per share to no less than six underwriters. The 28 million shares represent 8.02% of the company's existing issued share capital. After the completion of the placement, no underwriter will become a major shareholder.