Hubtown Ltd Board Approves Unaudited Results, Plans US$150M Fundraise

Hubtown Ltd's Board of Directors met on August 3, 2026, to approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. These results underwent a limited review by the statutory auditors. The company also resolved to raise funds up to US$150 million through the issuance of foreign currency convertible bonds or other equity-linked securities via private placement, subject to shareholder and regulatory approvals. An FCCB Committee has been formed to finalize the terms of this issuance. Additionally, the trading window for company insiders will reopen on August 5, 2026.