Core Viewpoint - Yunfeng Financial (00376) has announced a placement and subscription agreement involving the sale of 191 million shares at a price of HKD 6.10 per share, representing a discount of approximately 16.8% from the last closing price of HKD 7.33 [1] Group 1: Placement and Subscription Agreement - The seller, Jade Passion Limited, has agreed to sell shares, while the placement agent will act as the seller's agent to facilitate the purchase by at least six subscribers [1] - The placement price of HKD 6.10 per share is set below the market price, indicating a strategic move to attract investors [1] - If all shares are placed, they will represent approximately 4.95% of the existing issued share capital as of the announcement date, and about 4.71% of the enlarged issued share capital post-subscription [1] Group 2: Financial Implications - The estimated total proceeds from the placement are approximately HKD 1.17 billion, with net proceeds expected to be around HKD 1.15 billion [1]
云锋金融拟折让约16.8%先旧后新配股 净筹约11.5亿港元