智通财经APP讯，恒益控股(01894)公布，董事会拟进行资本重组及集资活动，涉及(i)股份合并;(ii)增加 法定股本;及(iii)供股。 公司建议按每20股已发行及未发行股份合并为1股合并股份的基准进行股份合并。 董事会建议将公司的法定股本由3800万港元(分为38亿股股份)增加至7600万港元(分为76亿股股份)(或股 份合并生效后3.8亿股合并股份)。增加法定股本须待股东于股东特别大会上通过一项普通决议案以批准 增加法定股本后，方告生效。 待股份合并及增加法定股本生效后，董事会建议按于记录日期每持有1股合并股份获发4股供股股份的基 准按认购价每股供股股份0.46港元进行供股，以透过向合资格股东提呈最多184,224,000股供股股份的供 股方式筹集扣除开支前所得款项总额约8470万港元(假设经计及股份合并影响后，于记录日期或之前已 发行股份总数并无变动)。供股仅供合资格股东认购，将不会向除外股东提呈。如获悉数认购，供股估 计所得款项净额于扣除所有必要开支后估计将约为8200万港元，64.0%用于支持集团现有及潜在新项 目，22.0%用于清偿包括贸易及其他应付款项及应计费用在内的债项， ...

Group 1 - The core viewpoint of the article is that Hong Kong listed companies have a diverse range of refinancing methods, categorized into equity financing, hybrid financing, and debt financing [2][8] Group 2 - Equity financing involves issuing new shares directly to investors, which dilutes existing shareholders' equity. The methods include placing, rights issue, and private placement [2][3] - Hybrid financing combines debt and equity characteristics, balancing financing costs and equity dilution. It includes convertible bonds, which allow for flexible issuance and can avoid large-scale dilution if the issuance is small [3][5] - Debt financing raises funds in the form of liabilities, with some instruments counting as equity. This includes perpetual bonds and warrants, which can provide long-term funding without affecting control [5][6] Group 3 - The choice of refinancing method in Hong Kong must comply with the Listing Rules and consider the company's financial status, development stage, and shareholder interests [8] - Companies facing urgent funding needs may opt for placing or rights issues for quick access to capital, while those looking to minimize equity dilution might choose convertible bonds or perpetual bonds [9]