CANBRIDGE-B (01228) plans to discount approximately 19.86% to issue 9.9962 million shares, raising a net amount of approximately HK$22.0914 million.

date
15/09/2025
avatar
GMT Eight
Beihai Kangcheng-B (01228) has announced that on September 15, 2025, the company intends to issue shares to three subscribers (Qin...)
CANBRIDGE-B (01228) announced on September 15, 2025, that the company plans to issue a total of 9.9962 million subscription shares to three subscribers (Qin Shen, Huang Xiaoting, and Wusong Capital Limited). The subscription price for each share is HK$2.26, representing a discount of approximately 19.86% from the closing price of HK$2.82 per share on September 15. The total amount of funds raised from the subscription will be HK$225.914 million, with an estimated net amount of approximately HK$220.914 million. The company plans to use the net proceeds from the subscription for the research and development expenses of its existing product line and for the daily operations of the group.