Core Viewpoint - Foton Motor (08196.HK) experienced a significant stock price increase, rising over 45% at one point and closing up 32.1% at HKD 1.07 following the announcement of a proposed share placement [1] Group 1: Share Placement Details - The company plans to place a maximum of 7.58748 million shares, which represents approximately 16.67% of the enlarged issued share capital after the placement [1] - The placement price is set at HKD 0.73 per share, reflecting a discount of about 9.88% compared to the closing price of HKD 0.81 on the date of the placement agreement [1] - The expected net proceeds from the placement, after deducting the commission and other expenses, will be approximately HKD 5.46 million [1] Group 2: Use of Proceeds - The net proceeds from the share placement are intended to be used for the company's general working capital [1]
福田股份(08196.HK)涨逾32% 拟折让配股净筹约546万港元