Core Viewpoint - China Information Technology (08178) has announced a placement agreement to issue up to 14 million shares at a price of HKD 0.28 per share, representing a discount of approximately 15.15% from the closing price of HKD 0.33 on the date of the agreement [1] Summary by Relevant Sections Placement Details - The placement will involve at least six subscribers and is expected to raise a total of HKD 3.92 million, with a net amount of approximately HKD 3.82 million after deducting placement commissions and other expenses [1] - The maximum number of shares to be placed represents about 13.90% of the existing issued share capital as of the announcement date and approximately 12.20% of the enlarged issued share capital after the placement [1] Use of Proceeds - The net proceeds from the placement are intended to be used for repaying upcoming debts and for general working capital of the group [1]
中国信息科技拟折让约15.15%配售最多1400万股 净筹约382万港元