TOMO HOLDINGS (06928) plans to offer a discount of approximately 16.8% for the issuance of 90 million subscription shares, raising approximately HK$15.5 million net.

TOMO HOLDINGS (06928) announced on November 18, 2025 that the company plans to issue 90 million subscription shares to Mr. Ma Rufeng at a subscription price of HK$0.1748 per share, representing a discount of approximately 16.8% compared to the closing price of HK$0.210 per share as reported on the Stock Exchange on the date of the subscription agreement. The net amount from the subscription is approximately HK$15.5 million, intended to be used as operating funds for the development of the company's automotive parts trading business in China, particularly for purchasing automotive parts inventory in accordance with the cooperation agreement.