Core Viewpoint - The company, Xie Tong Communication, proposes to raise up to approximately HKD 121 million through a rights issue, offering eligible shareholders the opportunity to subscribe for new shares at a price of HKD 0.135 per share [1] Group 1: Rights Issue Details - The rights issue is structured such that for every share held, eligible shareholders can subscribe for 2 new shares, totaling 897 million shares to be issued [1] - Upon completion of the rights issue, the new shares will represent 200% of the company's existing share capital as of the announcement date, and approximately 66.67% of the enlarged share capital [1] Group 2: Use of Proceeds - The net proceeds from the rights issue, estimated to be around HKD 119 million after expenses, will be allocated as follows: approximately 74.9% for identified needs in expanding the group's control systems and building intelligence businesses, and about 25.1% for general working capital and corporate purposes [1]

Core Viewpoint - The company,协同通信 (01613), plans to raise up to approximately HKD 121 million through a rights issue, offering eligible shareholders two new shares for every existing share held at a subscription price of HKD 0.135 per share for a total of 897 million shares [1] Group 1: Rights Issue Details - The rights issue is exclusively for eligible shareholders, with ineligible shareholders not permitted to participate [1] - The proposed 897 million shares to be issued represent 200% of the company's existing share capital as of the announcement date, and the enlarged share capital post-issue will increase by approximately 66.67% [1] - If the existing share capital remains unchanged and the rights issue is fully subscribed, the estimated net proceeds after expenses will be approximately HKD 119 million [1] Group 2: Use of Proceeds - Approximately 74.9% or about HKD 89.3 million of the net proceeds will be allocated to meet the identified genuine needs for expanding the group's control system and building intelligence business [1] - The remaining 25.1% or about HKD 30 million will be used for general working capital and other corporate purposes [1]