HENG TAI shareholders deposit stocks into Baihui Securities, with a warehouse market value of HKD 14.9964 million
According to the latest information from the Hong Kong Stock Exchange, on October 17, HENG TAI shareholders deposited shares into Baihui Securities, with a warehouse market value of HKD 14.9964 million, accounting for 17.14%. On October 8, HENG TAI announced that on October 8, 2025, the company, the subscriber (the company's chairman, executive director, and CEO Mr. Lam Kwok Hing), and the placing agent entered into a placing and subscription agreement, under which (i) the placing agent agreed to act as the agent for the subscriber, using its best efforts to procure no less than six placees to purchase the placing shares at a placing price of HKD 0.476 per share (i.e., 30.606 million shares); (ii) the subscriber has conditionally agreed (either personally or through its nominee) to subscribe, and the company has conditionally agreed to allot and issue the subscription shares (i.e., 30.606 million shares) to the subscriber (or its nominee) at a subscription price of HKD 0.476 per share (equivalent to the placing price, representing a discount of approximately 17.93% compared to the closing price of HKD 0.580 per share on October 8)
According to the latest information from the Hong Kong Stock Exchange, on October 17, HENG TAI (00197) shareholders deposited shares into Baihui Securities, with a deposit market value of HKD 14.9964 million, accounting for 17.14%.
On October 8, HENG TAI announced that on October 8, 2025, the company, the subscriber (Mr. Lam Kwok Hing, the company's chairman, executive director, and CEO), and the placing agent entered into a placing and subscription agreement, under which (i) the placing agent has agreed to act as the agent for the subscriber to procure not less than six placees to purchase the placing shares at a placing price of HKD 0.476 per share (i.e., 30.606 million shares); (ii) the subscriber has conditionally agreed to subscribe (either personally or through its nominee), and the company has conditionally agreed to allot and issue the subscription shares (i.e., 30.606 million shares) to the subscriber (or its nominee) at a subscription price of HKD 0.476 per share (equivalent to the placing price, representing a discount of approximately 17.93% compared to the closing price of HKD 0.580 per share on October 8)
