Core Viewpoint - The company has signed an agreement with a placement agent to issue up to 75.4743 million new shares at a placement price of HKD 0.180 per share, representing approximately 16.67% of the enlarged total share capital, with a discount of about 7.69% compared to the closing price on October 16, 2023 [1] Summary by Relevant Sections - Share Placement Details - The company plans to place a maximum of 75.4743 million new shares at a price of HKD 0.180 per share [1] - This placement accounts for approximately 16.67% of the total shares post-expansion [1] - The placement price reflects a discount of about 7.69% from the closing price of HKD 0.195 on October 16, 2023 [1] - Use of Proceeds - The expected net proceeds from the placement are approximately HKD 13.52 million [1] - The funds will be utilized for general working capital, including employee costs, professional fees, rent, and general administrative and operational expenses [1]
中国上城拟配售净筹约1352万港元