CN INT DEV CORP (00264) plans to offer a discount of approximately 14.08% for the rights issue, with a maximum net fundraising of around HK$44.57 million.

date
19:39 17/03/2026
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GMT Eight
China Overseas Land & Investment Ltd (00264) announced on March 17, 2026, that the company plans to issue a maximum of 25 million shares through private placement agents to no fewer than six placing agents at a placement price of HK$1.83 per share, representing a discount of approximately 14.08% to the closing market price of HK$2.13 per share on the date of the placement agreement on the Stock Exchange. The maximum net proceeds from the placement is approximately HK$44.57 million, which will be used to enhance the Group's financial position and strengthen general working capital.
CN INT DEV CORP (00264) announced that on March 17, 2026, the company intends to issue a maximum of 25 million shares through a placement agent to no less than six subscribers at a price of HK$1.83 per share, representing a discount of approximately 14.08% from the closing market price of HK$2.13 per share on the date of the placement agreement. The net proceeds from the placement are expected to be approximately HK$44.57 million, which will be used to enhance the company's financial position and for general working capital purposes.