ZALL SMARTCOM plans to issue 1.2 billion shares at a discount of approximately 10.34%, raising about HKD 311.7 million

Zhitong
2025.01.27 10:13
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ZALL SMARTCOM plans to allocate and issue 1.2 billion shares to Zall Holdings on January 27, 2025, at an issue price of HKD 0.26 per share, representing a discount of approximately 10.34% compared to the closing price on January 24. The total amount of funds expected to be raised is HKD 312 million, with a net amount of approximately HKD 311.7 million, mainly for repaying the group's debts