Shanghai Realway Capital draws HKD 120 million share subscription from Alliance Capital-led investor group

AllianceBernstein Holding L.P.

AllianceBernstein Holding L.P.

AB

0.00

  • 3G agreed to take control of Shanghai Realway Capital Assets Management via a HKD 120 million subscription for 150 million new H shares at HKD 0.8.
  • Separate agreements cover the purchase of 45 million domestic shares for RMB 31.29 million; consideration equates to HKD 0.8 a share.
  • To support free float, up to 50 million new H shares are slated for placement at HKD 0.8, raising up to HKD 40 million.
  • On completion, the offeror group would hold 195 million shares, or 55.19% of the enlarged capital, excluding the selling shareholders.
  • An unconditional cash offer is planned for all H shares not already owned or agreed to be acquired, priced at HKD 0.8 per H share.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shanghai Realway Capital Assets Management Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260630-12224332), on June 30, 2026, and is solely responsible for the information contained therein.