Core Viewpoint - Bid International Holdings (01949) announced a conditional subscription agreement to issue 160 million subscription shares at a price of HKD 0.107 per share, representing a discount of approximately 17.69% compared to the closing price of HKD 0.130 on August 8, 2025 [1] Group 1 - The subscription shares will account for approximately 16.67% of the enlarged issued share capital after the completion of the subscription [1] - The net proceeds from the subscription, after deducting related expenses and professional fees, are expected to be around HKD 16.98 million [1] - The company plans to allocate 50% of the net proceeds for potential new business expansion into point-of-sale devices and terminal trading, and the other 50% for general working capital and administrative expenses [1] Group 2 - The board believes that the terms of the subscription agreement are fair and reasonable, and that the subscription will strengthen the company's financial position and expand its shareholder base, aligning with the overall interests of the company and its shareholders [1]
佰达国际控股拟折让约17.69%配售合共1.6亿股认购股份 净筹约1698万港元