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Regal Partners raised HK$28M to expand in Southeast Asia, targeting North American demand.
Regal Partners, a Hong Kong-listed furniture manufacturer, raised HK$28 million through a share placement on March 12, 2026, issuing 560 million shares at HK$0.05 each.
The funds will support its expansion in Southeast Asia, with 65% dedicated to boosting production and supply chain capabilities, 15% to establishing regional showrooms, and the rest for working capital.
The expansion, expected by mid-2026, aims to meet growing demand, especially from North American markets.
The move follows a 2025 restructuring focused on overseas production and product improvements.
The company plans to enhance its global presence through trade shows and marketing.
Chairman Chong Tsz Ngai expressed confidence in improved order flow and long-term growth.
Regal Partners recaudó HK $ 28 millones para expandirse en el sudeste asiático, apuntando a la demanda norteamericana.