FIRE ROCK offers a 22% discount for one, raising over 150 million yuan
FIRE ROCK (01909.HK) announced a proposed rights issue, issuing 96 million shares; the subscription price is HKD 1.58, a discount of 20.20% compared to the last trading day (3rd). The total fundraising amount is HKD 151 million, with a net amount of approximately HKD 151 million, intended for establishing a new development team in mainland China; setting up a development base in Indonesia; acquiring new simulation games (3 to 4 titles); marketing existing and new games in Indonesia and other Southeast Asian markets; and general working capital
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