ALCO HOLDINGS (00328): Rights Issue Receives Approximately 16.36% Valid Acceptance

Stock News
Oct 31

ALCO HOLDINGS (00328) announced that as of the record date, a total of 45,822,700 rights shares were offered under the rights issue. The board disclosed that by the deadline for acceptance at 4:00 p.m. on Monday, October 27, 2025, it had received 11 valid acceptances, covering an aggregate of 7,496,500 rights shares, representing approximately 16.36% of the total shares offered. Consequently, the under-subscribed portion amounted to 38,326,200 rights shares, accounting for about 83.64% of the total offering. These shares will be handled in accordance with the compensation arrangement. The placing agent will use its best efforts to procure subscribers to purchase all (or as many as possible) of the unsubscribed rights shares and ineligible shareholders' unsold shares no later than Tuesday, November 11, 2025.

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