CHERISH SUN completes HK$24.77 million share placement, enlarges issued capital by 20%

Bulletin Express
Aug 18

Cherish Sunshine International Limited (CHERISH SUN, 01094.HK) has filed a Next Day Disclosure Return announcing the completion of a share placement that adds 118.50 million new ordinary shares to its register.

The new shares were issued on 18 August 2026 under a placing agreement signed on 23 July 2026 and supplemented on 12 August 2026. The placement was priced at HK$0.209 per share, implying gross proceeds of about HK$24.77 million.

Following the issuance, CHERISH SUN’s total number of issued shares (excluding treasury shares) rose from 592.51 million to 711.02 million, marking a 20% expansion of the company’s share capital. The company reported no treasury shares either before or after the transaction.

The board confirmed that the placement was duly authorised and executed in full compliance with Hong Kong Stock Exchange listing rules and all relevant regulatory requirements.

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