ALPHA PRO HLDGS (00948) plans to issue 35 million capitalization shares at a discount of approximately 15.15% to settle part of the debt of 98 million Hong Kong dollars.

date
21:08 12/02/2026
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GMT Eight
Alpha Enterprises (00948) announced, on February 12, 2026, Villeus Trading (an indirect wholly-owned subsidiary of the company, as the borrower), AP Diamond (as the lender), the company (as the issuer), and the subscribers (as the subscribers and representatives of AP Diamond) entered into a settlement agreement to settle a portion of the debt of HKD 98 million, including the issuance and issuance of 35 million capitalization shares at an issue price of HKD 0.28 per capitalization share, representing a discount of approximately 15.15% from the closing price of HKD 0.33 per share reported on February 12, 2026.
ALPHA PRO HLDGS (00948) announced on February 12, 2026, Vires Trading (an indirect wholly-owned subsidiary of the company, as the borrower), AP Diamond (as the lender), the company (as the issuer), and the subscribers (as the subscriber and representative of AP Diamond) have entered into a settlement agreement to settle part of the debt of HK$98 million, including the issuance and distribution of 35 million capitalization shares at an issue price of HK$0.28 per share, representing a discount of approximately 15.15% from the closing price of HK$0.33 per share reported on February 12, 2026.