Cherish Food (08283) proposes a "1 offer 5" rights issue, aiming to raise approximately HK$96.97 million.

The Zhongshi Minan (08283) announced that the company intends to issue 5 shares for every 1 share held on the record date as the basis for the rights issue, with a subscription price of HK$0.35 per share, representing a discount of approximately 23.91% compared to the closing price of HK$0.460 per share on the last trading day on the Stock Exchange; By issuing up to 288 million shares of rights issue, up to HK$101 million (before expenses) will be raised (assuming that the number of shares issued on or before the record date remains unchanged).