GUOEN HOLDINGS(08121): Under-subscription of shares offered, with 5.3823 million shares not subscribed for.

date
20/09/2024
avatar
GMT Eight
GUOEN HOLDINGS (08121) announced that as of 4:00 pm on Thursday, September 12, 2024 (the deadline for the acceptance of rights shares and payment of subscription money, as well as the application for additional rights shares and payment of subscription money): 12 provisional allotment notices have been received for the acceptance of provisional allotments, involving a total of 9.6396 million shares of rights shares, equivalent to approximately 57.82% of the total number of rights shares available for subscription of 16.672 million shares; and 11 applications for additional rights shares have been received, involving a total of 1.6501 million shares of rights shares, equivalent to approximately 9.90% of the total number of rights shares available for subscription of 16.672 million shares. After combining the results, a total of 23 valid acceptances and applications for 11.2897 million shares of rights shares have been accepted, equivalent to approximately 67.72% of the total number of rights shares available for subscription of 16.672 million shares. Based on the above results, there is undersubscription of the rights issue, with 5.3823 million shares of rights shares not being subscribed for, equivalent to approximately 32.28% of the total number of rights shares available for subscription of 16.672 million shares.

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