<p>ALPHA PRO HLDGS (00948.HK) announced a placement of 28 million shares on a pre-existing basis, equivalent to 7.42% of the enlarged share capital; the placement price is HKD 0.24, representing a discount of 7.69% to today's (12th) closing price. The total amount raised is HKD 6.72 million, with a net amount of HKD 6.29 million intended for the expansion of the group's dairy product business</p>

00948

<p>ALPHA PRO HLDGS announced a placement of 28 million shares on a "old shares first, new shares later" basis, equivalent to a 7.42% increase in post-expansion share capital; the placement price is HKD 0.24, representing a discount of 7.69% to today's (12th) closing price. The total amount raised is HKD 6.72 million, with a net amount of HKD 6.29 million intended for expanding the group's dairy product business</p>

ALPHA PRO HLDGS conducts a rights issue to raise HKD 6.72 million