Core Viewpoint - The company,卓悦控股, has entered into a subscription agreement to issue 109 million shares at a price of HKD 0.105 per share, raising approximately HKD 11.4 million for general working capital purposes [1] Group 1: Subscription Agreement Details - The subscription agreement is with two subscribers, Mr. Gao Jianxing and Mr. Zhang Yu, and is conditional [1] - The total number of subscription shares represents about 6.46% of the existing issued shares and approximately 6.07% of the enlarged issued share capital post-issuance [1] - The subscription price of HKD 0.105 per share reflects a discount of approximately 17.32% compared to the closing price of HKD 0.127 on the date of the agreement [1] Group 2: Financial Implications - The total proceeds from the subscription are expected to be around HKD 11.4 million [1] - The company aims to use the net proceeds for general working capital purposes [1] - The board believes that the subscription will provide an opportunity to expand the shareholder base, strengthen the capital structure, and improve liquidity [1]
卓悦控股拟折让约17.32%发行合共1.09亿股认购股份