Core Viewpoint - Huanghe Industrial (stock code: 318) announced a financing plan through the issuance of new shares, raising approximately HKD 80 million [1] Group 1: Financing Details - The company will issue 17,431,578 shares (approximately 1.7 million shares) at a placement price of HKD 0.475, which represents a discount of about 13.6% compared to the previous trading day's closing price of HKD 0.55 [1] - The placement price also reflects a discount of approximately 16.4% compared to the average closing price of HKD 0.568 over the past five trading days [1] - The newly issued shares will account for about 6.4% of the existing issued share capital and approximately 6.0% of the enlarged share capital after completion [1] Group 2: Use of Proceeds - The funds raised, approximately HKD 80 million, will be used to acquire a 6.5% stake in a target company [1] Group 3: Business Overview - Huanghe Industrial is primarily engaged in technology, property, and financial services [1]
黄河实业:通过一般授权发行代价股份募资约828万港元 收购目标公司股权