Maiyue Tech Raises HKD 62.37 Million Through 58.84 Million-Share Placement, Enlarging Share Capital by 11.77%

Bulletin Express
Sep 07

Maiyue Technology Limited (Maiyue Tech) has issued 58.84 million new ordinary shares on 7 September 2026 under a placing and supplemental placing agreement dated 26 July 2026 and 13 August 2026, respectively.

The new shares were priced at HKD 1.06 each, implying gross proceeds of approximately HKD 62.37 million. As a result, Maiyue Tech’s outstanding share count rose from 500.00 million to 558.84 million, representing an 11.77% expansion in issued share capital.

The company reported no movements in treasury shares, and no share repurchases or redemptions took place during the period. The board confirmed that the placement was duly authorised and conducted in full compliance with all applicable Hong Kong Stock Exchange listing rules and regulatory requirements.

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