Group 1 - The core point of the article is that Base Champion Group (08460) is undergoing a significant share transfer and capital raising process, with shareholders transferring shares valued at approximately HKD 8.0288 million, representing 7.11% of the company [1] - The company announced plans to issue a total of 44.268 million subscription shares to investors at a subscription price of HKD 0.14 per share, which is a discount of about 69.89% compared to the closing price of HKD 0.465 on October 28 [1] - The total amount raised from the first and second subscription agreements is expected to be around HKD 6.2 million, with a net amount of approximately HKD 6 million, which will be used for operational funding and repayment of the company's debts and payables [1]

Core Viewpoint - The Base Jinbiao Group (08460) is undergoing a significant share transfer and capital raising initiative, which may impact its financial position and operational funding [1] Group 1: Share Transfer and Ownership Changes - On October 28, shareholders of Base Jinbiao Group transferred shares from Guonong Securities to Wing Lung Bank, with a market value of HKD 8.0288 million, representing 7.11% of the company [1] Group 2: Capital Raising and Share Issuance - The company announced plans to issue a total of 44.268 million subscription shares to subscribers Wen Xingjian and Li Guixia, which will account for approximately 16.66% of the total issued shares after the issuance [1] - The subscription price is set at HKD 0.14 per share, reflecting a discount of about 69.89% compared to the closing price of HKD 0.465 on October 28 [1] - The total amount raised from the first and second subscription agreements is expected to be approximately HKD 6.2 million, with a net amount of about HKD 6 million [1] - The net proceeds from the subscription will be used for the group's working capital and to repay the group's borrowings and payables [1]