大洋集团建议实施股本重组并拟按“1供2”基准进行供股

Group 1 - The company proposes a capital reorganization involving a capital reduction, where the par value of each existing share will be reduced from HKD 1.00 to HKD 0.10 by canceling HKD 0.90 of the paid-up capital per share [1] - Following the capital reduction, the company will subdivide the shares, converting each share with a par value of HKD 1.00 into ten new shares with a par value of HKD 0.10 each [1] - The proceeds from the capital reduction will be used to offset the company's accumulated losses as of the effective date of the capital reduction, thereby reducing the company's cumulative losses [1] Group 2 - After the capital reorganization takes effect, the company plans to issue rights shares at a subscription price of HKD 0.80 per share, with a basis of two rights shares for every one new share held on the record date [2] - The company aims to raise approximately HKD 275 million by issuing up to 344 million rights shares, or approximately HKD 300 million by issuing up to 375 million rights shares, before deducting professional fees and other related expenses [2] - The proposed rights shares represent 200.0% of the company's existing issued share capital as of the announcement date, and approximately 66.7% of the issued share capital after the rights shares are allotted and issued [2]

TA YANG GROUP-大洋集团建议实施股本重组并拟按“1供2”基准进行供股 - Reportify