Core Viewpoint - The company, Saintang Holdings, plans to issue up to 252 million shares, representing approximately 16.67% of the post-issue share capital, at a price of HKD 0.20 per share, which is an 18.7% discount to the closing price of HKD 0.246 on the announcement date [1] Summary by Categories Share Placement - The share placement is expected to raise a maximum total of HKD 50.4 million, with a net proceeds of approximately HKD 48.7 million after expenses [1] Use of Proceeds - The net proceeds will be allocated as follows: - HKD 19.7 million for the operation and expansion of the construction business [1] - HKD 17 million for the development of the dairy distribution business [1] - HKD 4 million for repaying bank loans [1] - HKD 8 million for general working capital [1]

Core Viewpoint - Saintang Holdings (08305) plans to issue up to 252 million shares, representing approximately 16.67% of the company's issued share capital post-placement, at a price of HKD 0.20 per share, which is an 18.7% discount to the closing price of HKD 0.246 on August 18 [1] Summary by Categories - **Share Placement Details** - The company intends to place a maximum of 252 million shares [1] - The placement price is set at HKD 0.20, reflecting an 18.7% discount from the closing price on August 18 [1] - **Expected Financial Outcomes** - If the placement is fully subscribed, the expected total proceeds from the placement will be HKD 50.4 million [1] - After deducting placement commissions and other related expenses, the estimated net proceeds will be approximately HKD 48.7 million [1] - **Use of Proceeds** - Approximately HKD 19.7 million is earmarked for the operational and potential expansion of the group's construction business [1] - Around HKD 17 million will be allocated for the development of the group's dairy product distribution segment [1] - About HKD 4 million is designated for repaying existing bank loans [1] - Approximately HKD 8 million will be used for general working capital of the group [1]

Core Viewpoint - Saintang Holdings (08305) plans to issue up to 252 million shares, representing approximately 16.67% of the company's issued share capital post-placement, at a price of HKD 0.20 per share, which is an 18.7% discount to the closing price of HKD 0.246 on August 18 [1] Summary by Category Share Placement Details - The maximum total proceeds from the placement are expected to be HKD 50.4 million, with estimated net proceeds of approximately HKD 48.7 million after deducting placement commissions and other related expenses [1] Use of Proceeds - Approximately HKD 19.7 million is intended for the operational and potential expansion of the group's construction business [1] - Around HKD 17 million will be allocated for the development of the group's dairy product distribution segment [1] - Approximately HKD 4 million is designated for repaying existing bank loans [1] - About HKD 8 million will be used for the group's general working capital [1]