MODERN INN DT (02322) plans to discount approximately 16.67% of the new shares with a maximum net raise of approximately HK$29.3 million.

MODERN INN DT (02322) announced on November 17, 2025 (after trading hours on the Stock Exchange) that the company has entered into a placing agreement with the placing agent, intending to place up to 300 million shares at a price of 0.1 Hong Kong dollars per share. This represents a discount of approximately 16.67% compared to the closing price of 0.12 Hong Kong dollars per share on the Stock Exchange on the date of the placing agreement. Assuming all placing shares are successfully placed, the net proceeds are estimated to be approximately 29.3 million Hong Kong dollars, to be used for general corporate purposes of the group.