Core Viewpoint - Haotian International Construction Investment Group announced a financing plan to issue 1.6 billion shares at a price of HKD 0.25 per share, raising HKD 400 million, aimed at strategic investment in PCL to enhance its financial services business [1] Group 1: Financing Details - The issuance price of HKD 0.25 represents a discount of approximately 7.41% compared to the previous trading day's closing price of HKD 0.270 [1] - The issuance price also reflects an 11.97% discount relative to the average closing price of HKD 0.284 over the past five trading days [1] - The new shares will account for about 17.30% of the existing issued share capital and approximately 14.75% of the enlarged share capital post-issuance [1] Group 2: Company Overview - Haotian International Construction Investment Group operates as an investment holding company, with primary business segments including construction machinery, financial services, and property development [1] - The funds raised will be utilized for strategic investments in PCL, aimed at promoting the development of its financial services business [1] Group 3: Regulatory and Completion Aspects - The issuance is conducted under a general mandate granted by the shareholders and is expected to be completed within three business days after the fulfillment or waiver of certain conditions [1] - Conditions for completion include approval from the Stock Exchange for the listing of the shares and obtaining necessary government or regulatory approvals [1]