Regal Partners Holdings Limited Completes Placing of New Shares Under General Mandate
Regal Partners Holdings Limited Completes Placing of New Shares Under General Mandate
Date: 25 February 2026
Company: Regal Partners Holdings Limited (Stock Code: 1575)
Key Highlights
- Successful Completion of Share Placement: Regal Partners Holdings Limited has successfully completed the placing of 560,000,000 new shares under its general mandate.
- Significant Capital Raising: The placement represents approximately 14.51% of the enlarged issued share capital of the company, indicating a substantial increase in the company’s equity base.
- Placing Price: The shares were placed at HK\$0.05 per share, raising net proceeds of approximately HK\$27,709,000 after deducting all relevant costs and expenses.
- Investor Profile: The new shares were allotted to not less than six independent placees, all of whom are third parties independent of the company and its connected persons. Importantly, none of the placees or their ultimate beneficial owners has become a substantial shareholder of the company as a result of the placement.
Use of Proceeds
The company has outlined a clear strategy for the deployment of the net proceeds:
- 65% (~HK\$18 million): To expand the Group’s production capacity and supply chain in Southeast Asia. This includes the purchase of additional equipment, leasing of new workspace, renovations, and hiring of additional workers.
- 15% (~HK\$4.16 million): For the development of various showrooms in Southeast Asia, aimed at marketing the Group’s products and soliciting export buyers and business.
- 20% (~HK\$5.54 million): For general working capital purposes.
Impact on Shareholding Structure
The placement has a significant impact on the shareholding structure:
| Shareholder |
Shares Before Placement |
% Before |
Shares After Placement |
% After |
Century Icon Holdings Limited 100% owned by Mr. Tse Kam Pang |
1,300,038,000 |
39.39% |
1,300,038,000 |
33.68% |
MCL 85% owned by Wu Bingyu |
666,500,000 |
20.20% |
666,500,000 |
17.27% |
| The Placees |
– |
– |
560,000,000 |
14.51% |
| Other Public Shareholders |
1,333,462,000 |
40.41% |
1,333,462,000 |
34.54% |
| Total |
3,300,000,000 |
100.00% |
3,860,000,000 |
100.00% |
As a result, the stake of major shareholders has been diluted, but no new substantial shareholder has emerged from this placement.
Board and Management Update
The board of directors comprises Mr. Chong Tsz Ngai (Chairman), Mr. Tse Wun Cheung, Mr. Tse Hok Kan, Mr. Chan Wing Kit (all executive directors), and Professor Sit Wing Hang Alfred, Professor Lee Chack Fan, Professor Kwan Pun Fong Vincent, and Ms. Chen Jianhua (independent non-executive directors).
Investor Takeaways & Potential Price Sensitivity
- Substantial Equity Injection: The successful placement provides Regal Partners Holdings Limited with significant capital to drive expansion, particularly in Southeast Asia, which may improve future revenue and profit prospects.
- Potential for Growth: The allocation of proceeds towards production capacity and showroom expansion signals the company’s aggressive growth strategy, potentially enhancing its competitive positioning and investor confidence.
- Dilution Effect: The issuance has diluted existing shareholders’ stakes, which could have an impact on share price in the short term. However, the growth-oriented use of funds may offset dilution concerns if the expansion delivers results.
- No Change in Control: No new substantial shareholder has emerged, suggesting stability in the company’s control structure post-placement.
Conclusion
The completion of this share placement under the general mandate is a significant event for Regal Partners Holdings Limited, equipping the company with fresh capital to pursue expansion and growth opportunities in Southeast Asia. While the dilution of existing shareholders is a noteworthy consideration, the company’s focused use of proceeds and unchanged control structure could be viewed positively by long-term investors.
Disclaimer: This article is for informational purposes only and does not constitute investment advice or an offer to buy or sell any securities. Investors should conduct their own due diligence and consult with professional advisers before making any investment decisions. The information herein is based on company announcements and publicly available data as of the date of publication and may be subject to change.
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