Core Viewpoint - Saintang Holdings (08305) plans to issue up to 252 million shares, representing approximately 16.67% of the company's issued share capital post-placement, at a price of HKD 0.20 per share, which is an 18.7% discount to the closing price of HKD 0.246 on August 18 [1] Summary by Categories - Share Placement Details - The company intends to place a maximum of 252 million shares [1] - The placement price is set at HKD 0.20, reflecting an 18.7% discount from the closing price on August 18 [1] - Expected Financial Outcomes - If the placement is fully subscribed, the expected total proceeds from the placement will be HKD 50.4 million [1] - After deducting placement commissions and other related expenses, the estimated net proceeds will be approximately HKD 48.7 million [1] - Use of Proceeds - Approximately HKD 19.7 million is earmarked for the operational and potential expansion of the group's construction business [1] - Around HKD 17 million will be allocated for the development of the group's dairy product distribution segment [1] - About HKD 4 million is designated for repaying existing bank loans [1] - Approximately HKD 8 million will be used for general working capital of the group [1]
圣唐控股(08305)拟折让18.7%配股 最高净筹约4870万港元