Winshine Science (00209) plans a 1-for-7 rights issue, with a net fundraising of approximately HK$176.5 million.
Ying Sheng Science (00209) announced that the company proposes to issue 7 bonus shares for every 1 share held on the record date.
WINSHINE SCI (00209) announced that the company recommends a bonus issue ratio of 1 for 7, with shareholders entitled to subscribe for 7 shares for every 1 share held at a subscription price of HK$0.14 per share. The company proposes to issue up to approximately 1.3 billion shares through the bonus issue, raising a total of approximately HK$182 million (assuming no change in the number of shares issued on or before the record date).
The subscription price represents a discount of approximately 23.5% compared to the closing price of HK$0.183 per share of the company on the Stock Exchange on October 14, 2025.
Assuming full subscription of the bonus issue, it is estimated that the net proceeds from the bonus issue will be approximately HK$176.5 million (assuming no change in the number of shares issued on or before the record date).
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