XINMING CHINA: 62.26 million unsubscribed shares have been successfully placed

Zhitong
2025.07.29 15:11
portai
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XINMING CHINA announced that 62.26 million unsubscribed shares have been successfully placed, with a placement price of HKD 1.12 per share. There were a total of 8 valid applications for this placement, with a total application of 12.8849 million shares, accounting for approximately 17.15% of the total rights issue. The placement will end on July 21, 2025, and the net proceeds from the unsubscribed shares will not be distributed to non-action shareholders and ineligible shareholders