ASIA STRAT TECH completes HK$9.00 million share placement, enlarges issued capital by 1.20%

Bulletin Express
Mar 26

Asia Strategy Digit Technology Holdings Limited (ASIA STRAT TECH) has finalised the placing of 5.00 million new shares under its general mandate. Placement closed on 26 March 2026 after all conditions were fulfilled. Key terms are as follows:

• Issue price: HK$1.80 per share • Gross proceeds: HK$9.00 million • Net proceeds: HK$8.70 million, earmarked for HK$3.70 million in new-business development and HK$5.00 million in general working capital.

Capital base and dilution The new shares equate to 1.21% of the 412.55 million shares outstanding immediately before completion. Post-placement, total issued shares rise to 417.55 million, with the placement tranche accounting for 1.20% of the enlarged share capital.

Shareholding movements • Benefit Gateway Limited remains the single-largest shareholder, its stake edging down from 29.85% to 29.49%. • Directors collectively hold 13.23 million shares, representing 3.17% of post-placement equity (down from 3.21%). Individual director stakes move from 0.46% to 0.45% each due to dilution. • The new placees—each classified as an independent third party—collectively own 1.20% of the company. • Other public shareholders’ aggregate holding adjusts to 66.61%, from 67.39% prior to the transaction.

No placee becomes a substantial shareholder under Hong Kong listing rules following the issue.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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