HARBOUR EQUINE (08377) proposes a discount of approximately 14.89% to issue up to 98.1875 million shares, raising net proceeds of approximately 7.59 million Hong Kong dollars.

HARBOUR EQUINE (08377) announces that on July 13, 2026, the company plans to issue up to 98.1875 million shares for sale, equivalent to approximately 20.00% of the company's existing issued share capital as of the date of this announcement and around 16.67% of the enlarged issued share capital after the issuance. The sale price per share is HK$0.08, representing a discount of approximately 14.89% compared to the closing price of HK$0.094 per share on July 13. It is expected that the total proceeds from the sale could reach up to HK$7.855 million, with an estimated net proceeds of approximately HK$7.59 million. The company plans to use the net proceeds from the sale for (i) repaying existing group loans, accounts payable, and other payables totaling around HK$4.05 million; and (ii) using around HK$3.54 million for the group's general working capital.