GLONGHUI, December 24, 丨 ADP Technology Holdings (08279.HK) announced that on December 24, 2024, mFinance (a wholly-owned subsidiary between the companies) signed a capital increase agreement with Ant Bank (Macau), Alipay (Macau) Holdings and Alipay (Macau) Investment. Based on this, mFinance conditionally agreed to subscribe, and Ant Bank (Macau) conditionally agreed to issue 0.3605 million Ant Bank (Macau) common shares at a price of MOP 100 (equivalent to HK$97) per common share.
mFinance, Alipay (Macau) Holdings and Alipay (Macau) Investment will maintain their share percentages in Ant Bank (Macau) after the capital increase, at approximately 51.5%, 24.3% and 24.2%, respectively.
The board of directors believes that the capital increase will enable the Group to maintain its shares in Ant Bank (Macau) and enable the bank to meet the minimum capital requirements of licensed banks in Macau, thereby ensuring that Ant Bank (Macau) has a more stable financial foundation and supports its future business development.
