YEE HOP Holdings (01662) plans to offer a discount of approximately 12.96% for the rights issue, with a maximum net funds raised of approximately HK$34.97 million. Trading will resume on September 17th.

YEE HOP HLDGS (01662) announced that on September 15, 2025 (after trading hours), the company has entered into a placing agreement with the placing agent. As per the agreement, the company has conditionally agreed to place up to a maximum of 15 million shares at a placing price of HK$2.35 per share to not less than six placees (currently expected), who are independent third parties. The placing price represents a discount of approximately 12.96% to the closing price of HK$2.70 per share on the date of the placing agreement as reported on the Stock Exchange of Hong Kong. Assuming all the placing shares are successfully placed, the net proceeds are estimated to be approximately HK$34.97 million. Around HK$15 million will be used to fund the consideration for the subscription matter and related expenses which are expected to be completed around October 2025; approximately HK$17 million will be used for financing and development of the target company's business; the remaining balance will be used for software development and enhancement, research and development of AI and machine learning, integrating AI-powered operations into the group's business model to provide more value-added services, and exploring new sources of income. In addition, the company has applied to the Stock Exchange for the resumption of trading of its shares from 9:00am on September 17, 2025.