Core Viewpoint - Champion Technology Group (00092) announced a placement agreement with a placement agent to issue 197 million shares at a price of HKD 0.176 per share, representing a discount of approximately 20% from the market price on the agreement date [1] Group 1: Placement Details - The placement price of HKD 0.176 per share is approximately 20% lower than the closing price of HKD 0.220 on January 12, 2026 [1] - The placement price also reflects a discount of about 3.084% compared to the average closing price of HKD 0.1816 over the last five trading days prior to the last trading day [1] - Additionally, the placement price shows a slight discount of approximately 0.170% compared to the average closing price of HKD 0.1763 over the last ten trading days prior to the last trading day [1] Group 2: Financial Implications - The estimated net proceeds from the placement, after deducting placement commissions and other expenses, will be approximately HKD 34 million [1] - The company plans to allocate around HKD 12 million of the net proceeds for general working capital and approximately HKD 22 million for the operational funding of its existing renewable energy and green energy businesses, as well as for other investments when opportunities arise [1]
冠军科技集团拟折让约20.00%配售1.97亿股配售股份