CMON is planning to offer a discount of approximately 16.67% in the maximum of 10.32 million shares, netting approximately 7.9 million Hong Kong dollars.
CMON (01792) announced that on January 19, 2026, the company plans to issue up to 10.32 million shares for sale, accounting for approximately 16.67% of the enlarged issued share capital. The sale price for each share is HK$0.800, which is a discount of approximately 16.67% from the closing price of HK$0.960 per share on January 19.
Assuming all the shares for sale are fully subscribed, the total proceeds from the sale will be HK$8.256 million, while the estimated net proceeds from the sale are expected to be approximately HK$7.9 million. The company intends to use the net proceeds from the sale for general working capital purposes.
CMON (01792) announced that on January 19, 2026, the company plans to issue a maximum of 10.32 million shares for sale, representing approximately 16.67% of the enlarged issued share capital of the company. The sale price for each share is HK$0.800, which is a discount of approximately 16.67% from the closing price of HK$0.960 per share on January 19.
Assuming all shares for sale are fully subscribed, the total amount raised from the sale will be HK$8.256 million, with an estimated net amount of approximately HK$7.9 million. The company intends to use the net proceeds from the sale for general operating expenses.
Related Articles
Change in controlling ownership: ETS GROUP (08031) receives a cash takeover offer at a discount of approximately 15.08%, and will resume trading on January 20th.
MODERN CHI MED (01643) plans to acquire a 30% stake in Shuzhi Health Global for 41.82 million Hong Kong dollars.
Sunac Services (01516) and several affiliated companies have entered into a series of debt repayment agreements with certain companies of the Sunac Group, involving approximately 26.26 million yuan.
Change in controlling ownership: ETS GROUP (08031) receives a cash takeover offer at a discount of approximately 15.08%, and will resume trading on January 20th.
MODERN CHI MED (01643) plans to acquire a 30% stake in Shuzhi Health Global for 41.82 million Hong Kong dollars.
Sunac Services (01516) and several affiliated companies have entered into a series of debt repayment agreements with certain companies of the Sunac Group, involving approximately 26.26 million yuan.
