GF HEALTHCARE: Subscription for the rights issue was insufficient, reaching approximately 31.55%
GF HEALTHCARE received only 12 valid applications in the rights issue subscription on June 5, 2025, involving 385,822,996 shares, accounting for approximately 68.45% of the total shares offered. Therefore, 177,826,992 shares of the rights issue were not subscribed, accounting for 31.55% of the total. The company will handle these shares by selling the unsubscribed shares to independent placers and the unsold shares of excluded shareholders, with the proceeds belonging to the relevant shareholders
According to the Zhitong Finance APP, GF HEALTHCARE (08143) announced that on June 5, 2025 (Thursday) at 4:00 PM (the final acceptance deadline), a total of 12 valid applications were received, involving a total of 385,822,996 rights issue shares, accounting for approximately 68.45% of the total shares offered. Therefore, the subscription for the rights issue was insufficient, with 177,826,992 rights issue shares not subscribed, accounting for approximately 31.55% of the total shares offered. These shares will be handled according to the compensation arrangement.
According to GEM Listing Rule 10.31(1)(b), the company has made arrangements to sell the 177,826,992 unsubscribed rights issue shares and the unsold rights issue shares of excluded shareholders by presenting the sale to independent underwriters, with the proceeds belonging to the shareholders who received the offer through the rights issue
