SHIN HWA WORLD: The rights issue was oversubscribed by approximately 3.69%

Zhitong
2025.10.31 13:41
portai
I'm PortAI, I can summarize articles.

SHIN HWA WORLD announced that its rights issue was oversubscribed by approximately 3.69%. As of 4 PM on October 24, 2025, 19 valid acceptances have been received, involving 503 million shares of the rights issue, accounting for 27.58% of the total rights issue; at the same time, 15 additional applications involved 1.3897 billion shares, accounting for 76.12%. The total valid acceptances and applications amounted to 1.893 billion shares, exceeding the total rights issue by 103.69%. The total proceeds from the rights issue are approximately HKD 182.6 million, with a net amount expected to be around HKD 179 million