Core Viewpoint - Bid International Holdings (01949) has 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][1][1] Group 1 - The subscription shares will account for approximately 16.67% of the enlarged issued share capital of the company upon completion of the subscription [1] - The net proceeds from the subscription, estimated at around HKD 16.98 million after deducting related expenses, will be allocated 50% for potential new business expansion in point-of-sale devices and terminal trading, and 50% for general working capital and administrative expenses [1][1] - 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 [1][1][1]
佰达国际控股(01949)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