PERFECTECH INTL plans to issue a rights offering at a discount of approximately 18.06% based on a "2 for 1" basis, aiming to raise a maximum net amount of about HKD 46.74 million
PERFECTECH INTL plans to issue up to 163,461,803 shares on a "2 for 1" basis, with a subscription price of HKD 0.295 per share, representing a discount of approximately 18.06% compared to the closing price of HKD 0.360 on the last trading day. If the rights issue is fully subscribed, it is expected to raise approximately HKD 46.74 million, of which about 78.61% will be used for investment in large model businesses, and approximately 21.39% will be used to supplement the group's general working capital
According to the Zhitong Finance APP, PERFECTECH INTL (00765) announced that the company proposes to issue up to 163,461,803 offer shares on a "2 for 1" basis (based on no shares being issued or repurchased on or before the record date), with each offer share priced at HKD 0.295, representing a discount of approximately 18.06% compared to the closing price of HKD 0.360 per share reported on the last trading day on the Stock Exchange.
If the offer shares are fully subscribed, the net proceeds will be approximately HKD 46.74 million, of which about 78.61% will be used to invest in large model businesses to develop new generation technologies, and approximately 21.39% is expected to be used to supplement the group's general working capital before December 2026
