ANCHORSTONE plans to raise HKD 12.06 million through a 16.67% discounted rights issue, considering a share consolidation
ANCHORSTONE (01592.HK) announced the placement of up to 482 million new shares, equivalent to a 16.67% increase in the enlarged share capital; the placement price is HKD 0.025, representing a discount of 16.67% compared to the last trading price (on the 19th). The total fundraising amount is HKD 12.06 million, with a net amount of HKD 11.47 million intended for repaying bank loans and other debts and payables; and for general working capital. Meanwhile, the company is considering a share consolidation
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