Group 1 - The core announcement is that China Huaxing (stock code: 485) plans to raise approximately HKD 12.6 million through the placement of 42 million new shares at a price of HKD 0.30 per share, which represents a discount of about 6.3% to the last closing price of HKD 0.32 [1] - The placement shares will account for approximately 19.7% of the existing issued share capital and about 16.5% of the enlarged share capital after completion [1] - The funds raised will be used for property development project funding needs and general corporate purposes [1] Group 2 - The placement price is at a discount of approximately 9.1% compared to the average closing price of HKD 0.33 over the last five trading days [1] - The issuance is conducted under the general authorization granted by the shareholders' meeting and is expected to be completed upon the fulfillment of relevant conditions [1] - The company is primarily engaged in property development, property investment, property management, and hydropower station operation management [1]
中国华星 ：通过一般授权配售新股募资约1260万港元 物业开发及一般企业用途