Core Insights - On August 4, shareholders of Chocoolate Holdings (00653) transferred shares from Hang Seng Bank to Kingly Wealth Securities, with a market value of HKD 19.0645 million, representing 40.17% of the total shares [1] Company Actions - Chocoolate Holdings announced a board proposal to issue up to approximately 1.343 billion rights shares at a basis of "1 for 3" on the record date, with each rights share priced at HKD 0.080, which is a discount of about 25.93% compared to the last trading price of HKD 0.1080 [1] - The maximum amount to be raised through this rights issue is approximately HKD 107 million, with net proceeds not exceeding about HKD 52 million, assuming no changes in the issued share capital from the announcement date to the record date and that all eligible shareholders fully subscribe to their respective allocations in the rights issue [1]