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 Category Share Placement Details - The maximum total proceeds from the placement are expected to be HKD 50.4 million, with estimated net proceeds of approximately HKD 48.7 million after deducting placement commissions and other related expenses [1] Use of Proceeds - Approximately HKD 19.7 million is intended 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] - Approximately HKD 4 million is designated for repaying existing bank loans [1] - About HKD 8 million will be used for the group's general working capital [1]
圣唐控股拟折让18.7%配股 最高净筹约4870万港元