FEG Holdings Announces HK$0.083 Share Placement to Raise Capital

Reuters
2025.11.10 13:38
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FEG Holdings Corporation Ltd. has announced a share placement of up to 240 million new shares at HK$0.083 each, facilitated by Cheong Lee Securities Limited. The placement aims to raise approximately HK$19 million for general working capital, with shares offered to at least six independent investors, none of whom will become substantial shareholders. The announcement was made on November 10, 2025.

FEG Holdings Corporation Ltd. has announced the placing of up to 240 million new shares under a general mandate. The shares will be issued at a placing price of HK$0.083 per share, with Cheong Lee Securities Limited acting as the placing agent. The shares will be placed to at least six independent investors, none of whom will become a substantial shareholder as a result of the transaction. The placement is expected to raise net proceeds of approximately HK$19 million, which will be used for the company’s general working capital. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Feg Holdings Corporation Ltd. published the original content used to generate this news brief on November 10, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here