Heng Seng Cheung Resources (01850.HK) received valid applications for about 24.76% of its share offering.

Intelligence Finance News APP, Hongshengchang Resources (01850.HK) announced that each shareholder holding 1 share at the end of the trading hours on the record date will receive 4 rights shares for every adjusted share held and subscribe for the rights shares at a subscription price of HK$0.53 per rights share. On the record date, a total of 138 million rights shares were offered for subscription based on the rights issue proposal. The board of directors announced that as of 4:00 pm on August 29, 2025 (Friday) (the deadline for acceptance of rights shares), a total of 12 valid applications involving 34.2303 million rights shares were received, accounting for approximately 24.76% of the total number of shares offered for sale. Therefore, the subscription for the rights shares was undersubscribed, with 104 million rights shares unsubscribed, accounting for approximately 75.24% of the total shares offered for sale, and these shares will be dealt with according to compensation arrangements.