ALCO HOLDINGS (00328) has a total market value of 257.753 million HKD shareholders deposited 54.2784 million shares into Hongzhi Securities

The Zhitong Finance App learned that according to the latest data from the Hong Kong Stock Exchange, ALCO HOLDINGS (00328) changed positions on November 12, with a total market value of 257.753 million HK$257.53 million, accounting for 20%. The company's shareholders deposited 54.2784 million shares into Hongzhi Securities, reducing their shareholding ratio by 10.23%.

ALCO HOLDINGS announced that all conditions contained in the placement agreement have been met and completed on November 12, 2026. The placement agent has successfully placed a total of 57.2784 million shares to no less than six undertakers at an placement price of HK$0.387 per placed share in accordance with the terms and conditions of the placement agreement. The total proceeds from the placement will be approximately HK$22.2 million, and the net proceeds from the placement will be approximately HK$21 million. The Company intends to use the net proceeds from the placement for South American business development and the Group's general working capital.