Core Viewpoint - The company, YouRan Agriculture (09858), has announced a share placement and subscription agreement, aiming to raise approximately HKD 11.59 billion through the issuance of new shares at a price of HKD 3.92 per share, which represents an 8.84% discount compared to the last closing price of HKD 4.30 [1][2] Group 1 - The share placement involves the sale of shares by the seller, BoYuan, with the placement agent facilitating the purchase of at least six subscribers at the specified price [1] - The company will issue new shares under a general authorization at the same price of HKD 3.92 per share, matching the number of shares sold by the placement agent [1] - The total number of new shares to be issued under the special authorization subscription agreement is 299 million, which will account for approximately 7.14% of the enlarged issued share capital after the placement [2] Group 2 - The estimated net proceeds from the placement and subscription are expected to be approximately HKD 11.59 billion and HKD 11.72 billion, respectively [2] - The funds raised will be utilized for advanced technology empowerment and digital transformation to enhance operational efficiency, debt repayment, and to provide flexibility for potential acquisitions or investments [2] - The placement price of HKD 3.92 per share reflects an 8.84% discount to the last trading price, indicating a strategic pricing decision to attract investors [2]
优然牧业(09858)拟折让约8.84%先旧后新配股 净筹约11.59亿港元