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MTT GROUP Proposes Rights Issue at 64.3% Discount; Net Proceeds HKD65.8M
2026-05-13 09:25:28 MTT GROUP (02350.HK) proposed a rights issue on the basis of two rights shares for every five shares to issue 250 million rights shares, representing approximately 28.6% of the enlarged share capital. The subscription price is HKD0.275 per share, representing a discount of about 64.29% to the closing price on May 12 (yesterday). Maximum gross proceeds are expected to be approximately HKD68.8 million, with net proceeds estimated at HKD65.8 million. ~ AASTOCKS Financial News Website: www.aastocks.com | |