STERLING GP (01825) plans to discount approximately 19.53% of the allotment of shares to raise approximately HK$55.9 million

According to the Zhitong Finance App, STERLING GP (01825) announced that on September 4, 2026, the company plans to issue a maximum of 8.294,400 placement shares to no less than six grantees through placement agents, at HK$6.80 per share, a discount of about 19.53% from the closing price of HK$8.450 on the same day. Assuming that all the shares to be placed are placed, a net raise of approximately HK$55.9 million is intended to be used for the Group's apparel business and general working capital purposes