WS-SK TARGET (08427) plans to offer a discount of approximately 14.61% for the issuance of 216,000 shares, with a net proceeds of approximately 4.2399 million Hong Kong dollars.

Wanshun Ruiqiang Group (08427) announced that on December 3, 2025, the company plans to issue and issue 216,000 shares to the subscriber (Mr. Cai Shangqi), equivalent to approximately 1.30% of the issued share capital of the company after the expansion of the subscribed shares. The subscription price for each share is HK$19.93, representing a discount of approximately 14.61% compared to the closing price of HK$23.34 per share on December 3. The total amount expected to be raised from the subscription is approximately HK$43.05 million. The expected net amount to be raised from the subscription is approximately HK$42.399 million. The company plans to use the net proceeds from the subscription for general operating expenses. The directors believe that the subscription will enable the group to raise funds to strengthen its financial position.