Group 1 - The company proposes to increase its authorized share capital from HKD 50 million (5 billion shares) to HKD 400 million (40 billion shares) by issuing an additional 3.5 billion shares with a par value of HKD 0.1 each [1] - The increase in authorized share capital will take effect upon approval by shareholders at a special general meeting [1] Group 2 - The board recommends a rights issue where shareholders will receive 4 new shares for every 1 existing share held, at a subscription price of HKD 0.105 per share, representing a discount of approximately 42.86% [2] - The rights issue aims to raise up to approximately HKD 121.6 million, with a net estimated amount not exceeding HKD 62.5 million after expenses [2] - The proceeds will be allocated as follows: approximately HKD 41.2 million for repaying overdue bank loans and interest, about HKD 13.1 million for repaying shareholder loan balances, around HKD 7.7 million for settling trade and other payables, and the remaining HKD 0.5 million for general operational expenses [2]
基石控股(01592)拟将法定股本增至4亿港元 折让约42.86%按“1供4”基准发行供股