Core Viewpoint - Kingstone Holdings Group (01943) announced a placement agreement with a placement agent to issue up to 150 million shares at a price of HKD 0.617 per share, representing a discount of approximately 19.87% from the closing price of HKD 0.77 on the date of the agreement [1] Group 1 - The placement shares represent approximately 13.04% of the enlarged issued share capital of the company [1] - If all placement shares are fully placed, the total gross proceeds and net proceeds (after deducting placement commission and other expenses) will be approximately HKD 92.55 million and HKD 91.02 million, respectively, equating to a net placement price of about HKD 0.607 per share [1] - The company plans to use approximately HKD 67 million (about 73.61% of the net proceeds) for the development of user-side industrial and commercial energy storage projects and upgrading new industrial parks [1] Group 2 - Approximately HKD 24.02 million (about 26.39% of the net proceeds) will be allocated for general working capital, including repayment of shareholder loans and payment of expenses, salaries and benefits, professional fees, rent, management fees, and other costs [1]
金石控股集团(01943)拟折让约19.87%配售最多1.5亿股配售股份