OCI INTL (00329) intends to discount about 18.84% of the highest net proceeds of approximately HK$83.3721 million for the rights issue.

OCI INTL (00329) announced that on July 11, 2025, the company plans to issue up to approximately 300 million shares through a placement agent to no fewer than 6 placees at a price of HK$0.28 per share, representing a discount of approximately 18.84% from the closing price of HK$0.345 per share on July 11, 2025. Assuming the maximum number of placement shares are issued, the estimated net proceeds will be approximately HK$83.3721 million. 70% of the proceeds will be used for investments that align with the company's general business process, including but not limited to investments as anchor or strategic investors before the company's initial public offering, and enhancing the financing of the asset management business; 10% will be used to expand the company's wine and beverage business; and the remaining 20% will be used for general working capital, including employee costs, professional fees, rental payments, and other general administrative and operational expenses.