REACH NEW HLDGS plans to place up to 204 million new shares at a discount of 18.03%
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REACH NEW HLDGS announced that it will place up to 204 million new shares on May 23, 2025, at a placing price of HKD 0.1 per share, representing a discount of 18.03% to the closing price of HKD 0.122 on that day. The placed shares account for approximately 19.96% of the existing issued share capital and will represent approximately 16.64% after issuance. The subscribers must be independent third parties
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