Madison Holdings Group Limited (Madison HLDG) reported a substantial expansion of its share capital following the completion of a rights issue on 10 July 2026.

The transaction involved the allotment of 93.47 million new ordinary shares on the basis of three rights shares for every two existing shares. Priced at HK$0.486 per share, the deal generated gross proceeds of approximately HK$45.43 million.

Post-issue, Madison HLDG’s issued share count rose from 62.31 million to 155.78 million, representing a 150% increase. The company confirmed that no treasury shares were outstanding and that no share repurchases or on-market sales of treasury shares took place during the period.

Management stated that all necessary authorisations, filings and listing requirements related to the issuance have been duly satisfied.