Core Viewpoint - 中食民安 (08283) plans to conduct a rights issue, offering 5 new shares for every existing share held at a subscription price of HKD 0.35 per share, representing a discount of approximately 23.91% from the last trading price of HKD 0.460 [1] Group 1: Rights Issue Details - The company aims to raise up to HKD 110 million before expenses by issuing a maximum of 288 million rights shares [1] - If fully subscribed, the estimated net proceeds from the rights issue will be approximately HKD 96.97 million [1] Group 2: Utilization of Proceeds - Approximately HKD 43 million will be allocated for developing refined sales and marketing strategies, including: - HKD 20 million for establishing a research and development team and related capital expenditures for proprietary platforms, AI technology, big data centers, and software [1] - HKD 5 million for setting up a creative marketing and advertising department [1] - HKD 18 million for expanding creative marketing services, including marketing and advertising expenses necessary for building a client network [1] - HKD 20 million will be reserved for future collaboration/investment opportunities [1] - HKD 17 million will be used to repay outstanding amounts owed to Mr. Wang [1] - HKD 7 million will supplement the group's existing main business operating funds, particularly related to automotive and ready-to-eat food smart kitchen solutions [1] - HKD 9.97 million will be used to supplement the company's general working capital [1] Group 3: Share Capital Changes - The company proposes to change the trading board lot size from 1,000 shares to 5,000 shares, effective January 7, 2026 [2] - The board also suggests increasing the authorized share capital from HKD 20 million (1.6 billion shares) to HKD 200 million (16 billion shares), pending shareholder approval [2]
中食民安(08283)拟“1供5”基准供股 净筹约9697万港元