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According to Zhitong Finance App, China Gas (08246.HK) announced that on October 7, 2026 (after the trading period), Toff Global, Vbit and Mr. Hoon Heh, its wholly-owned subsidiaries, signed a subscription agreement. Based on this, Toff Global conditionally agreed to subscribe for shares (that is, 17 Vbit shares) at a cost of US$1.18 million. As of the date of this announcement, Mr. Hoon Heh owns 85% of Vbit's rights and Toff Global's 15% interest. After completion, Toff Global's shares in Vbit will increase to 27.35% after expansion through allotment and issuance of subscribed shares.

Zhitongcaijing·10/07/2026 12:25:09
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According to Zhitong Finance App, China Gas (08246.HK) announced that on October 7, 2026 (after the trading period), Toff Global, Vbit and Mr. Hoon Heh, its wholly-owned subsidiaries, signed a subscription agreement. Based on this, Toff Global conditionally agreed to subscribe for shares (that is, 17 Vbit shares) at a cost of US$1.18 million. As of this announcement, Mr. Hoon Heh owns 85% of Vbit's rights and Toff Global's 15% interest. After completion, Toff Global's shares in Vbit will increase to 27.35% after expansion through allotment and issuance of subscribed shares.