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Kingboard Laminates places HK$785m shares to broaden ownership

July 17, 2025 at 03:00 PM UTCBy FilingReader AI

Kingboard Laminates Holdings announced a placing of 78.5 million ordinary shares at HK$10.00 each, raising HK$785 million.

CLSA Limited will act as placing agent for the transaction, which aims to broaden the shareholder base and enhance liquidity.

Kingboard Holdings' stake will fall from 73.76% to approximately 71.25% following completion.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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