Group 1 - The company, Hengyi Holdings (01894), announced a proposed capital restructuring and fundraising activity involving a share consolidation, an increase in authorized share capital, and a rights issue [1] - The proposed share consolidation is based on a ratio of 1 share for every 20 existing shares, which will reduce the total number of shares from 3.8 billion to 190 million post-consolidation [1] - The company plans to increase its authorized share capital from HKD 38 million (divided into 3.8 billion shares) to HKD 76 million (divided into 7.6 billion shares) or 380 million consolidated shares, pending shareholder approval at a special general meeting [1] Group 2 - Following the share consolidation and increase in authorized share capital, the company proposes a rights issue where eligible shareholders will receive 4 new shares for every 1 consolidated share held at a subscription price of HKD 0.46 per share [1] - The rights issue aims to raise approximately HKD 84.7 million before expenses, with an estimated net amount of HKD 82 million after deducting necessary expenses, assuming no change in the total number of shares issued [1] - The intended use of the proceeds from the rights issue includes 64% for supporting existing and potential new projects, and 22% for repaying debts, including trade and other payables [1]
恒益控股(01894)拟进行资本重组及集资活动