CA Cultural Technology Group Issues 589.80 Million New Shares, Enlarging Share Base to 708.00 Million

Bulletin Express
Aug 14

CA Cultural Technology Group Limited announced a substantial expansion of its share capital on 14 August 2026 via two equity placements executed under specific mandates.

The company completed the issuance of 530.80 million Subscription Shares at HKD 0.1772 per share, representing a 449.05% increase on the pre-issue share capital of 118.20 million shares.

Concurrently, 59.00 million Scheme Shares were allotted at the same price to creditors upon the effectiveness of a court-sanctioned scheme of arrangement, boosting the register by a further 49.91%.

Combined, the two transactions injected 589.80 million new shares, equivalent to approximately HKD 104.52 million in gross proceeds. Following the placements, CA Cultural’s total issued share capital rose from 118.20 million to 708.00 million ordinary shares. The company reported no treasury shares and no share repurchases or redemptions outstanding as at the close of 14 August 2026.

Management confirmed that the share issues were fully authorised by the board and executed in compliance with all applicable Hong Kong Listing Rules and regulatory requirements.

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