PROSP INV HOLD is offering a 10% discount on a placement to raise HKD 45 million, and trading remains suspended
PROSP INV HOLD (00310.HK) announced the placement of 500 million new shares, equivalent to an 80.5% increase in the enlarged share capital, and must seek special authorization from shareholders; the placement price is HKD 0.09, a discount of 10% compared to the last closing price before suspension. The total fundraising amount is HKD 45 million, with a net amount of HKD 42 million intended for investment acquisitions, redemption of convertible bonds, and general working capital.
The company's shares will be suspended from trading starting April 2, 2024, and will continue to be suspended
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