Core Viewpoint - Foton Motor (08196) has successfully met the conditions for a placement agreement, with the completion of the placement expected by December 31, 2025 [1] Group 1: Placement Details - The placement involves the successful sale of a total of 7.47 million shares at a price of HKD 0.60 per share to no fewer than six independent subscribers [1] - The net proceeds from the placement, after deducting the commission and other expenses, are approximately HKD 4.29 million [1] Group 2: Use of Proceeds - The funds raised from the placement are intended for general working capital and business development of the group [1] Group 3: Shareholder Impact - None of the subscribers will become major shareholders of the company following the completion of the placement [1]
福田股份完成配售合共747万股 净筹约429万港元