Ka Ding International Group (08153) plans to issue 38.78% of shares at a discount based on the "2 shares for 1" basis, raising a maximum net amount of approximately HK$6.2 million.

date
19:31 24/10/2025
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GMT Eight
Jardine International Group (08153) proposes to issue 11,555,058 new shares on the basis of "2 offer for 1 existing share"...
Grandway International Group (08153) proposes to issue 11,555,058 shares at a subscription price of HK$0.60 per share according to a 2-for-1 basis. This represents a discount of 38.78% compared to the closing price of HK$0.98 per share on the last trading day on the Stock Exchange. The total amount raised is expected to be approximately HK$6.93 million. The net proceeds from the subscription will be capped at around HK$6.2 million, and will be used for the general operations of its advertising business and the overall operations of the Group.