Golden Power Proposes HKD 13.6 Million Rights Issue to Repay Bank Facilities

Golden Power Group Holdings’ board resolved to pursue a non-underwritten rights issue to raise approximately HKD 13.6 million before expenses. The issue offers 22,686,000 rights shares at HKD 0.6 each, on a one-for-two basis. Estimated net proceeds include HKD 11.3 million for bank facility repayments and HKD 1.3 million for general working capital. The board also proposed reducing the trading board lot from 4,000 to 2,000 shares, effective November 9, 2026. 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. Golden Power Group Holdings 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-20261016-12376026), on October 16, 2026, and is solely responsible for the information contained therein. (C)