HATCHER GROUP (08365) plans to discount about 11.29% for the rights issue, with a maximum net proceeds of approximately HK$29.6 million.

HATCHER GROUP (08365) announced on November 4, 2025, that the company has entered into a placing agreement with the placing agent. The company intends to place up to 18 million shares with no fewer than six placees through the placing agent at a price of HK$1.65 per share. This represents a discount of approximately 11.29% to the closing market price of HK$1.86 per share on the date of the placing agreement announced on the Stock Exchange. Assuming all 18 million placing shares are fully placed, the net proceeds are expected to be approximately HK$29.6 million. Around 80% of the proceeds will be used for the general operating expenses of the group, while approximately 20% will be used for marketing and investor relations expenses.