Core Viewpoint - China Smart Technology (00464.HK) has announced a conditional agreement with 27 subscribers to issue a total of 117,088,000 subscription shares at a price of HKD 0.9 per share, representing a discount of approximately 19.64% from the closing price of HKD 1.12 on the date of the agreement [1] Group 1 - The subscription shares represent about 18.32% of the company's existing issued share capital of 639,154,000 shares as of the announcement date [1] - The total proceeds from the subscription are expected to be approximately HKD 105 million, with net proceeds (after deducting expenses) estimated at around HKD 103 million [1] - The net proceeds are intended to be used for business development, loan repayment, and general working capital [1]
中国智能科技(00464.HK)拟折让约19.64%配发1.17亿股 净筹约1.03亿港元