Group 1 - The company proposes a capital restructuring involving a capital reduction and a share split [1] - The capital reduction will involve canceling the paid-up capital of HKD 0.24 per existing share, reducing the par value of each issued share from HKD 0.25 to HKD 0.01 [1] - The proceeds from the capital reduction will be used to offset the company's accumulated losses [1] Group 2 - Following the capital reduction, the company will split the unissued shares with a par value of HKD 0.25 into 25 shares with a par value of HKD 0.01 each [1] - The board recommends a rights issue where eligible shareholders will receive 1 rights share for every 1 adjusted share held at a subscription price of HKD 0.12 per rights share [1] - The rights issue aims to raise up to approximately HKD 54 million before expenses, assuming full subscription [1] Group 3 - The estimated net proceeds from the rights issue, after deducting all necessary expenses, will be approximately HKD 52.9 million [2] - Approximately HKD 29 million will be invested in listed securities in the media, entertainment, financial services, and construction sectors in Hong Kong, mainland China, and the United States [2] - About HKD 18 million will be allocated for investments in non-listed debt securities in the same sectors, with a deadline of March 31, 2027 [2] - The remaining approximately HKD 5.9 million will be used to meet the group's general working capital needs [2]
首都创投建议进行股本重组