CHINA BAOLI TEC (00164) plans to discount approximately 19.23% of the total issued shares of 19.77 million shares for a net proceeds of approximately HK$ 8 million.
China Baoli Technology (00164) announced that on May 19, 2026, the company plans to issue a total of 19.77 million subscription shares to 8 subscribers, with a subscription price of HK$0.420 per share, a discount of approximately 19.23% from the closing price of HK$0.520 per share on that day. The net proceeds are approximately HK$8 million, intended for general operating funds for the dry grinding and dry selection project in Mongolia.
China Baoli Technology (00164) announced that on May 19, 2026, the company plans to issue a total of 19.77 million subscription shares to 8 subscribers at a price of HK$0.420 per share, representing a discount of approximately 19.23% to the closing price of HK$0.520 per share on that day. The net proceeds are expected to be around HK$8 million, and will be used for general operating funds for the dry grinding and dry selection project in Mongolia.
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