OCI INTL discounted 18.84% for the placement, raising a net amount of 83.37 million yuan

OCI INTL (00329.HK) announced the placement of up to 299.9 million new shares, equivalent to an enlarged share capital of 16.67%; the placement price is HKD 0.28, representing a discount of 18.84% compared to the last trading day (11th). The total fundraising amount is HKD 83.99 million, with a net amount of HKD 83.37 million, intended for company-authorized investments; expanding the wine and beverage business; and general working capital