Core Viewpoint - Wanma Holdings (stock code: 6928) announced a placement of new shares to raise approximately HKD 15.7 million, with a significant discount to the market price [1] Group 1: Share Placement Details - The company will issue 90,000,000 new shares, raising about HKD 15.7 million, with a net amount of approximately HKD 15.5 million after expenses [1] - The placement price of HKD 0.1748 represents a discount of about 16.8% compared to the previous trading day's closing price of HKD 0.210, and a discount of approximately 19.1% compared to the average closing price over the last five trading days [1] - The new shares represent about 13.33% of the existing issued share capital and will account for approximately 11.76% of the enlarged share capital after completion [1] Group 2: Use of Proceeds - The funds raised will primarily be used to develop the automotive parts trading business in China, particularly for purchasing automotive parts inventory as per a cooperation agreement [1] - The issuance is conducted under the general authorization granted by the shareholders' meeting and is expected to be completed by January 31, 2026 [1]
万马控股 ：通过一般授权配售新股募资约1550万港元 发展中国汽车配件贸易业务