TEAMWAY INTL GP拟溢价约8.25%向张洪发行3945.62万股认购股份

Core Viewpoint - Teamway International Group (01239) has entered into a subscription agreement with Shenghai International Industrial Investment Pte. Ltd. to issue a total of 39.4562 million subscription shares at a price of HKD 0.341 per share, which represents approximately 10.00% of the existing issued share capital as of the announcement date [1][2] Group 1: Subscription Details - The subscription price of HKD 0.341 per share is at a premium of approximately 8.25% over the closing price of HKD 0.315 on the date of the subscription agreement and approximately 10.00% over the average closing price of HKD 0.310 over the last five consecutive trading days prior to the agreement [1] - The estimated net proceeds from the subscription, after deducting related expenses, are approximately HKD 13.4 million, which will be used for the company's general working capital [1][2] Group 2: Strategic Rationale - The board believes that the subscription represents a good opportunity to increase capital and expand the shareholder base, thereby enhancing the liquidity of the shares and strengthening the financial position of the group [2] - The subscription is considered a preferable fundraising method compared to other equity fundraising activities, taking into account the time and costs involved [2]