CANOPY SKYFIRE (08245) plans to offer a discount of approximately 7.69% for its placement, with a maximum net fundraising of about HKD 6.88 million.

01:30 29/08/2026

Fengyi Group (08245) announced that on August 28, 2026, the company plans to issue up to 57.9 million new shares through a placement agent to no fewer than six independent subscribers, with each placement share priced at HK$0.120, representing a discount of approximately 7.69% compared to the closing price of HK$0.130 on August 28. The net proceeds from the placement are expected to be approximately HK$6.88 million, intended for general working capital of the group.

CANOPY SKYFIRE (08245) announced that on August 28, 2026, the company intends to issue up to 57.9 million new shares at a placement price of HKD 0.120 per share to not less than six independent placees, representing a discount of approximately 7.69% to the closing price of HKD 0.130 per share on August 28. The net proceeds from the placement are expected to be approximately HKD 6.88 million, which will be used as general working capital for the Group.

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