TJCD offers a 15% discount on its rights issue, raising a net amount of 29.2 million yuan
TJCD (02515.HK) announced the placement of up to 43.158 million new shares, equivalent to 16.67% of the enlarged share capital; the placement price is HKD 0.68, a discount of 15% compared to today's (11th) closing price. The total fundraising amount is HKD 29.3 million, with a net amount of HKD 29.2 million intended for the establishment of a new company to build a machinery leasing platform; future investment opportunities; and general working capital
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