Cornerstone Technologies Completes HK$10.94 Million Share Subscription for EV Charging Expansion
Cornerstone Technologies Holdings Ltd. has completed a HK$10.94 million share subscription under a general mandate. The funds will be used for capital expenditure on EV charging stations, with 40% allocated for EV charging hardware and electrical equipment, and 60% for installation and construction. The company's shareholding structure has been updated following this subscription.
Cornerstone Technologies Holdings Ltd. has announced the completion of a subscription of new shares under a general mandate. The company raised HK$10.94 million through the issue, with the proceeds earmarked for capital expenditure related to the development of EV charging stations under the Cornerstone Go brand. Specifically, about 40% of the funds will be used for procuring EV charging hardware and electrical equipment, while the remaining 60% will go toward installation and construction works for the EV charging stations. The shareholding structure of the company has been updated following the completion of the share subscription. 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. Cornerstone Technologies Holdings Ltd. published the original content used to generate this news brief on November 18, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
