South Manganese completes HK$310.04 million placement, enlarging share capital by 20%
Bulletin Express
Sep 07
South Manganese Investment Limited placed 987.40 million new ordinary shares on 7 September 2026 under its general mandate.
• Issue price: HK$0.314 per share, generating gross proceeds of approximately HK$310.04 million.
• Capital base: enlarged from 4.94 billion to 5.92 billion shares, a 20% increase.
The company stated that the allotment was duly authorised by the board and executed in full compliance with Hong Kong listing rules and other regulatory requirements. No share repurchases, redemptions, or on-market sales of treasury shares were reported for the period.
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