CROCODILE plans to issue a rights offering at a discount of approximately 22.68% based on a "2 for 1" ratio, aiming to raise a maximum net amount of about HKD 51.6 million

Zhitong
2025.10.22 15:05
portai
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CROCODILE plans to issue up to approximately 35.5329 million rights shares to eligible shareholders on a "2 for 1" basis, at HKD 1.50 per share, representing a discount of approximately 22.68%. This move is expected to raise up to approximately HKD 53.2993 million, with a net raise of about HKD 51.6 million, primarily for repaying bank loans and paying interest