Victoria Hong Kong Yuma (08377) completed the placement of a total of 48.3 million placed shares to raise about HK$3.68 million

According to the Zhitong Finance App, Victoria Port Yuma (08377) issued an announcement. All conditions contained in the placement agreement have been met, and the placement matters have been completed on July 29, 2026. The placement agent has successfully placed a total of 48.3 million shares to no less than six undertakers at an placement price of HK$0.08 per placement share in accordance with the terms and conditions of the placement agreement.

Since the placement shares were not fully allotted, the total amount of actual proceeds from the placement was approximately HK$3.864 million. After deducting placement commissions and other related expenses, the estimated net actual proceeds from the placement was approximately HK$3.68 million, which is equivalent to a net issue price of approximately HK$0.076 per share. As stated in the announcement, as the shares were not fully allocated, the net proceeds from the placement will be used pro rata for the following purposes: (i) approximately HK$1.96 million to repay the Group's loans, accounts payable and other payables; and (ii) approximately HK$1.72 million for the Group's general working capital, of which approximately HK$900,000 will be used for staff costs, approximately HK$700,000 for professional expenses, and approximately HK$120,000 for other general administrative expenses.