AI ENERGY ENG (01751) plans a "5 for 2" rights issue.
Zhisuannengjian (01751) announced that the company proposes a rights issue on the basis of 2 rights shares for every 5 existing shares held on the record date, at a subscription price of HK$0.65 per rights share. A total of 116,477,534 rights shares will be issued to eligible shareholders to raise proceeds of up to approximately HK$75.7 million (assuming that the number of issued shares remains unchanged as of the record date). The rights issue will be presented only to eligible shareholders and will not be offered to ineligible shareholders (if any).
AI ENERGY ENG (01751) announced that the company proposes a rights issue on the basis of 2 rights shares for every 5 shares held on the record date, with a subscription price of HKD 0.65 per rights share. A total of 116,477,534 rights shares will be issued to qualifying shareholders, aiming to raise up to approximately HKD 75.7 million (assuming no change in the number of shares issued on or before the record date). The rights issue will only be offered to qualifying shareholders and will not be presented to ineligible shareholders (if any).
The estimated maximum net proceeds are approximately HKD 72.4 million (assuming no change in the number of shares issued on or before the record date).
As of the date of this announcement, the trading board lot size of the shares on the Stock Exchange is 10,000 shares. The Board of Directors proposes to change the trading board lot size from 10,000 shares to 2,000 shares, effective from 9:00 a.m. on September 7, 2026 (Monday). The company will arrange for a scrip trading service to facilitate the trading of odd lots.
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