HATCHER GROUP (08365) plans to offer a discount of about 34.07% on the subscription of 9.48 million shares, with a net amount of approximately HKD 11.27 million.
Yichen Group (08365) announced that on September 16, 2025, the company, controlling shareholder, and buyer (i.e. six...
HATCHER GROUP (08365) announced that on September 16, 2025, the company, its controlling shareholder, and the purchasers (six individual investors) entered into a sale and subscription agreement. Under this agreement, the controlling shareholder plans to sell 9.48 million shares of the company's sales shares to the purchasers, representing approximately 5.54% of the company's issued share capital on the date of this announcement, for a total cash consideration of HK$113.76 million (i.e., HK$1.2 per share of sales shares); and the company will issue 9.48 million subscription shares to the controlling shareholder at a subscription price of HK$1.2 per new share, representing a discount of approximately 34.07% from the closing market price of HK$1.82 per share on the Stock Exchange of Hong Kong on that day.
The net proceeds from the subscription will be approximately HK$112.76 million and are intended for general corporate purposes.
Related Articles

US Stock Market Move | Announced a plan to increase up to $750 million, Rocket Lab (RKLB.US) fell over 10%.

US Stock Market Move | Trip.com Group Ltd. Sponsored ADR (TCOM.US) rose more than 2% as the "double festival" approaches, and the tourism market continues to heat up.

US Stock Market Move | Crude oil sector rises, Occidental Petroleum Corporation (OXY.US) surges over 3.6%
US Stock Market Move | Announced a plan to increase up to $750 million, Rocket Lab (RKLB.US) fell over 10%.

US Stock Market Move | Trip.com Group Ltd. Sponsored ADR (TCOM.US) rose more than 2% as the "double festival" approaches, and the tourism market continues to heat up.

US Stock Market Move | Crude oil sector rises, Occidental Petroleum Corporation (OXY.US) surges over 3.6%
