Realord Technology Holdings (01196.HK) proposes top-up placement of 952 million placing shares

Zhitong Finance APP News, Realord Technology Holdings (01196.HK) announced that on October 30, 2026, the Company, the Vendor, and the Placing Agent entered into a Placing and Subscription Agreement. The Vendor has conditionally agreed to sell, and the Placing Agent has conditionally agreed, as agent of the Vendor, to procure independent placees to purchase 952 million placing shares at a placing price of HK$0.21 per placing share on a fully underwritten basis; and the Vendor has conditionally agreed to subscribe, and the Company has conditionally agreed to allot and issue to the Vendor, the top-up subscription shares under the general mandate at a top-up subscription price equal to the placing price (and the number of such top-up subscription shares shall be the same as the number of placing shares placed by the Placing Agent under the Placing and Subscription Agreement).