SUNSHINE OIL (02012) plans to discount about 10% of the rights issue, raising a maximum of approximately 40.31 million Hong Kong dollars net.

Sun Oil Sand (02012) announced that on December 21, 2025, the company plans to issue up to approximately 114 million shares through a placement of shares with Man Ho Securities, at a price of HK$0.36 per share, representing a discount of approximately 10.00% from the closing price of HK$0.4 per share on December 19, 2025. The placement is expected to raise approximately HK$41.14 million, with a net amount of approximately HK$40.31 million, intended for the company's general working capital.