Cornerstone Technology Holdings (08391) plans to issue approximately 14.93% and issue 19.2 million shares to raise approximately 10.94 million Hong Kong dollars.
Intelligence Finance News: cornerstone technology holdings (08391) has announced that on November 6, 2025, the company plans to issue and distribute a total of 19.2 million shares to the subscriber (Mile Green Co. Limited), equivalent to approximately 1.91% of the total number of issued shares after the issuance of subscription shares. The subscription price for each subscription share is HK$0.57, a discount of approximately 14.93% compared to the closing price of HK$0.670 per share on November 6. The funds raised from the subscription will be approximately HK$10.94 million. The company plans to use the funds raised from the subscription for general operational funds of the group.
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