
KNT HOLDINGS offers 20 cents per share to raise a net amount of HKD 38 million
KNT HOLDINGS (01025.HK) announced a proposed rights issue, issuing up to 202 million shares; the rights issue price is HKD 0.2, representing a discount of 9.09% compared to the last trading day (31st). The maximum fundraising amount is HKD 40.4 million, with a net amount of HKD 38 million intended for debt repayment and payables; and general working capital

