Core Viewpoint - Datong Group (00544) has announced a subscription agreement with a subscriber to issue 10 million shares at a subscription price of HKD 2.00 per share, which represents approximately 22.31% of the enlarged issued share capital after the subscription [1] Group 1: Subscription Details - The subscription price of HKD 2.00 per share reflects a discount of about 2.44% compared to the closing price of HKD 2.05 on the last trading day before the agreement [1] - The total gross proceeds from the subscription are expected to be HKD 20 million, with a net amount of approximately HKD 19.72 million [1] Group 2: Financial Implications - As of June 30, 2025, the group's total liabilities exceeded its total assets by approximately HKD 59.55 million, indicating potential liquidity risks if sufficient funds are not raised [1] - The board believes that the subscription will help reduce the group's debt-to-equity ratio and enhance the overall financial stability of the company [1]
大同集团拟折让约2.44%配售合共1000万股认购股份 净筹约1972万港元