EMINENCE ENT (00616) plans to issue a maximum of approximately 6.67% premium for the rights issue, with a maximum net proceeds of approximately HK$36.71 million.

17:56 16/01/2026

High Mountain Enterprise (00616) announced that on January 16, 2026, the company plans to issue up to 115.88 million shares of shares through a placement agent to at least six placing parties at a price of HK$0.32 per share, representing a premium of approximately 6.67% over the closing price of HK$0.30 on that day. The maximum net proceeds will be approximately HK$36.71 million, intended to be used to repay existing bank loans of the group under the refinancing terms.

EMINENCE ENT (00616) announced on January 16, 2026 that the company plans to issue up to 115.88 million shares through a placement agent to at least six subscribers at a price of HK$0.32 per share, representing a 6.67% premium to the closing price of HK$0.30 on that day. The maximum net proceeds are estimated to be approximately HK$36.71 million, which are intended to be used to refinance existing bank loans of the group in accordance with revised terms and conditions.

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