Group 1 - The company has signed a subscription agreement with subscribers to issue 160 million shares at a subscription price of HKD 0.107 per share [2] - The net proceeds from this subscription are expected to be approximately HKD 16.98 million [2] - The company plans to allocate 50% of the funds for potential new business expansion in point-of-sale devices and terminal trading, and the remaining 50% for general working capital and administrative expenses [2] Group 2 - The company's board believes that the terms of the subscription agreement are fair and reasonable [2] - The subscription is expected to strengthen the company's financial position and expand its shareholder base [2] - The agreement aligns with the overall interests of the company and its shareholders [2]

Core Viewpoint - Bid International Holdings (01949) has announced a conditional subscription agreement to issue 160 million subscription shares at a price of HKD 0.107 per share, representing a discount of approximately 17.69% compared to the closing price of HKD 0.130 on August 8, 2025 [1][1][1] Group 1 - The subscription shares will account for approximately 16.67% of the enlarged issued share capital of the company upon completion of the subscription [1] - The net proceeds from the subscription, estimated at around HKD 16.98 million after deducting related expenses, will be allocated 50% for potential new business expansion in point-of-sale devices and terminal trading, and 50% for general working capital and administrative expenses [1][1] - The board believes that the terms of the subscription agreement are fair and reasonable, and that the subscription will strengthen the company's financial position and expand its shareholder base [1][1][1]

Core Viewpoint - Bid International Holdings (01949) announced a conditional subscription agreement to issue 160 million subscription shares at a price of HKD 0.107 per share, representing a discount of approximately 17.69% compared to the closing price of HKD 0.130 on August 8, 2025 [1] Group 1 - The subscription shares will account for approximately 16.67% of the enlarged issued share capital after the completion of the subscription [1] - The net proceeds from the subscription, after deducting related expenses and professional fees, are expected to be around HKD 16.98 million [1] - The company plans to allocate 50% of the net proceeds for potential new business expansion into point-of-sale devices and terminal trading, and the other 50% for general working capital and administrative expenses [1] Group 2 - The board believes that the terms of the subscription agreement are fair and reasonable, and that the subscription will strengthen the company's financial position and expand its shareholder base, aligning with the overall interests of the company and its shareholders [1]