WAN LEADER plans to issue shares at a discount of approximately 16.26%, with a maximum net fundraising of about HKD 2.87 million
WAN LEADER plans to place a maximum of 29,947,900 new shares on October 21, 2025, accounting for approximately 16.67% of the total issued shares after expansion. The placement price is HKD 0.103 per share, representing a discount of approximately 16.26% compared to the closing price on October 21. If the placement is successful, the total proceeds are expected to be approximately HKD 3.08 million, with a net amount of approximately HKD 2.87 million, intended for repaying loans and supplementing working capital
According to the announcement from Wan Leader (08482), on October 21, 2025, the company plans to place a maximum of 29,947,900 new shares, accounting for approximately 16.67% of the total issued shares after the full placement and issuance of the placement shares. The placement price is HKD 0.103 per share, which represents a discount of approximately 16.26% compared to the closing price of HKD 0.123 per share on October 21. Assuming all placement shares are successfully placed by the placement agent, the estimated total gross proceeds from the placement is approximately HKD 3.08 million, while the estimated net proceeds from the placement is approximately HKD 2.87 million. The company intends to use the net proceeds to repay loans and supplement the group's working capital
