HKG:1703

3 stories mentioning HKG:1703Updated 6d ago

Every FINWIRES story that references HKG:1703, newest first.

Easyhold Group Plans HK$69 Million One-for-One Rights Issue

Easyhold Group (HKG:1703) plans to raise up to HK$69 million through a one-for-one rights issue of up to 138 million new shares at HK$0.50 each.The company will offer one rights share for every one existing share held by qualifying shareholders, with the record date expected on Sept. 24, according to a Hong Kong bourse filing.The proceeds will be used mainly to repay a shareholder loan, fund the expansion of its catering network in China, and support general working capital.

HKG:1703

Asia36d ago

Easyhold Expects Return to Full-Year Profit; Shares Fall 8%

Easyhold (HKG:1703) expects to post a net profit of at least HK$8 million for the year ended March 31, compared with a net loss of HK$32 million a year earlier, according to a Monday Hong Kong bourse filing.The company attributed the expected turnaround to revenue growth driven by an increase in the number of restaurants and the closure of underperforming outlets with high rental costs.Easyhold expects to publish its final results for fiscal 2026 by the end of June.Shares of the restaurant operator were down over 8% in Tuesday's late morning trade.

HKG:1703

Asia114d ago

Easyhold Group Raises HK$13.6 Million from Share Placement

Easyhold Group Holdings Limited (HKG:1703), previously known as Welife Technology, completed the placing of 230 million shares to at least six investors to raise HK$13.6 million, according to a Monday Hong Kong bourse filing.The shares represent around 17% of the restaurant operator's enlarged issued share capital.

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