Core Viewpoint - Huayu Expressway (01823.HK) announced a placement agreement with a placement agent to issue up to 58.5 million shares at a price of HKD 0.88 per share, representing a discount of approximately 19.27% from the last closing price of HKD 1.09 [1] Group 1 - The placement is conditional and aims to attract at least six subscribers [1] - If all shares are fully placed, the total proceeds will be approximately HKD 51.48 million, with net proceeds estimated at HKD 50.56 million after deducting placement commissions and other expenses [1] - The net issue price per share is approximately HKD 0.86 [1] Group 2 - The company intends to use the net proceeds primarily for general working capital, with about 80% allocated for employee salaries, rent, professional fees, and other administrative expenses [1] - Approximately 20% of the net proceeds will be used for sales, promotion, and marketing expenses [1]
华昱高速(01823.HK)拟折价19.27%配售5850万股 净筹5056万港元