GO
| HSI1 | 25,930.03 | 0.00 | -- |
| HSCEI1 | 9,174.84 | 0.00 | -- |
| Back Zoom + Zoom - Block Traded | |
|
CHINAHONGQIAO Plans to Raise $11.49B in Net Proceeds by Top-up Placing at 9.6% Discount
2025-11-18 08:30:00 CHINAHONGQIAO (01378.HK) announced a top-up placing of 400 million shares of the company, representing approximately 4.03% of the enlarged share capital. The placing price was HKD29.2 per share, which was about a 9.6% discount to yesterday's (17th) closing price of HKD32.3. The net proceeds were expected to be approximately HKD11.49 billion. The Company intended to apply the net proceeds for the development and enhancement of its domestic and overseas projects, repayment of existing indebtedness to optimize its capital structure, as well as for working capital supplement and general corporate purposes. ~ AASTOCKS Financial News Website: www.aastocks.com | |