中国华星(00485.HK)拟折让约6.25%配售合共4200万股 净筹1235万港元

Core Viewpoint - China Huaxing (00485.HK) has entered into a subscription agreement with Harvest Fortune Investment Limited to issue a total of 42 million shares at a subscription price of HKD 0.30 per share, representing a discount of approximately 6.25% compared to the closing price of HKD 0.32 on the Hong Kong Stock Exchange [1] Group 1 - The total gross proceeds from the subscription are expected to be approximately HKD 12.6 million, with net proceeds estimated at around HKD 12.35 million after deducting all applicable costs and expenses related to the subscription [1] - The company intends to use the proceeds from the subscription to meet funding requirements for its property development projects and for cash flow needs [1]