Core Viewpoint - The company, Hengtai (00197), has successfully completed a placement and subscription of shares, raising approximately HKD 14.6 million in total funds, which will be allocated for various operational improvements and expansions [1]. Group 1: Share Placement and Subscription - The placement and subscription were completed on October 10 and October 17, 2025, respectively [1]. - A total of 30.605 million shares were placed at a price of HKD 0.476 per share, representing approximately 14.63% of the company's enlarged issued share capital post-subscription [1]. - The total amount raised from the subscription was approximately HKD 14.6 million, with a net amount of about HKD 14.2 million [1]. Group 2: Fund Allocation - Approximately HKD 7.5 million will be used for renovations of the logistics center building in Shanghai, China, and for upgrading furniture and logistics equipment by October 31, 2026 [1]. - Around HKD 2.7 million is allocated for the procurement of new equipment and expanding the workforce at the Dongguan processing center by October 31, 2026 [1]. - About HKD 4 million will be utilized for general operating expenses, including employee salaries, office rent, and other administrative costs, by June 30, 2026 [1].
亨泰(00197)完成先旧后新配售3060.5万股 净筹约1420万港元