NEW AMANTE (08412) plans to issue approximately 20.37 million shares at a premium of about 2.222%, raising approximately HK$9.25 million net.

NEW AMANTE (08412) announced that on September 24, 2024, the company plans to issue 20.37 million shares to the subscriber (Sharp International Investment Limited), which is equivalent to approximately 16.663% of the enlarged issued share capital of the company after the completion of the issuance. The subscription price for each share is HK$0.46, a premium of approximately 2.222% over the closing price of HK$0.450 on September 24. The net proceeds from the subscription will be approximately HK$9.25 million, intended for the general working capital of the group.