Core Viewpoint - China Environment Resources (01130) plans to issue up to 64.1 million shares, representing 11.59% of the enlarged issued share capital, at a price of HKD 0.468 per share, which is approximately 2.5% lower than the closing price of HKD 0.480 on November 4 [1] Fundraising Details - The estimated total proceeds from the placement, assuming all shares are fully placed, will be approximately HKD 30 million, with a net amount of about HKD 29.4 million [1] Use of Proceeds - The net proceeds from the placement will be allocated as follows: - Approximately 34.01% for loan repayment - Approximately 34.01% for the development of existing recycling and electric bicycle parts business - Approximately 17.01% for settling outstanding payables and other payables - Approximately 14.97% for general working capital, including salaries, administrative expenses, operational costs, and other company-related expenses [1]
中国环境资源(01130)拟折让约2.5%配股 最高净筹约2940万港元