REF offers a 20% discount on the placement of up to 51.2 million new shares, raising HKD 23.4 million
I'm LongbridgeAI, I can summarize articles.According to a report from Economic News Agency on the 13th, REF HOLDINGS announced that it has entered into a placement agreement with the placement agent to place up to 51.2 million new shares at a price of HKD 0.457 per share, raising a maximum of HKD 23.4 million. The group indicated that the price per share represents a discount of approximately 19.8% compared to yesterday's closing price of HKD 0.57, with the new shares accounting for approximately 16.67% of the enlarged share capital, and the placement will be made to no fewer than 6 independent subscribers. The net proceeds from the placement are intended to be used for expanding financial printing services. (wh)
According to a report from Economic Information Agency on the 13th, REF HOLDINGS (01631) announced that it has entered into a placement agreement with the placement agent to issue up to 51.2 million new shares at a price of HKD 0.457 per share, raising a maximum of HKD 23.4 million.
The group stated that the price per share represents a discount of approximately 19.8% compared to yesterday's closing price of HKD 0.57. The new shares will account for approximately 16.67% of the enlarged share capital and will be placed to no fewer than 6 independent subscribers. The net proceeds from the placement are intended to be used for expanding financial printing services. (wh)