Long Investment Corp Launches HK$90.20 Million Non-Underwritten Rights Issue at HK$0.395

Bulletin Express
Sep 29

Long Investment Corp (stock code: 02312) has unveiled a non-underwritten rights issue that could raise up to HK$90.20 million before expenses. Shareholders will be offered one new share for every two existing shares held on 29 September 2026 (Record Date) at a subscription price of HK$0.395 per Rights Share, matching the company’s closing price on the Last Trading Day (7 September 2026). The maximum of 228.44 million Rights Shares represents 50% of the current issued share capital and 33.33% of the enlarged capital base. Net proceeds are estimated at HK$89.30 million after expenses.

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