FE HLDGS INTL (00036): The net amount of proceeds from the rights issue is approximately HK$69.55 million.

date
11/02/2025
avatar
GMT Eight
FE Holdings International Limited (00036) announced that on February 3, 2025 (Monday) at 4:00 pm (the deadline for unsubscribed shares and shares not sold by excluding shareholders in the placing agents' placing), all 82,204,800 unsubscribed shares and shares not sold by excluding shareholders have been successfully placed to no fewer than 6 independent placing agents at a placing price of HK$0.334 per unsubscribed share or share not sold by excluding shareholders (as applicable) in accordance with the placing arrangements. Therefore, no net proceeds are available for distribution to non-participating shareholders. As a result, the total proceeds raised from the rights issue (including placing) amount to approximately HK$72.75 million, with a net proceeds from the rights issue (after deducting expenses) of approximately HK$69.55 million.

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