YNBY INTL offers a 20% discount on its placement, with a net fundraising amount of 156 million yuan
YNBY INTL (00030.HK) announced the placement of 1.3599 billion new shares, equivalent to a 16.67% increase in the enlarged share capital; the placement price is HKD 0.116, representing a 20% discount to the closing price on the last trading day (2nd). The total fundraising amount is HKD 158 million, with a net amount of HKD 156 million intended to support costs related to the development of international business; future opportunities, and general working capital
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