Sunlight Oil Sand (02012) plans to discount approximately 10% of the rights issue, with a maximum net proceeds of approximately HKD 40.3 million.

Wisdom Finance APP News, Sunshine Oil Sands (02012) announced that on December 21, 2025, the company plans to issue a maximum of approximately 114 million shares through the placement of securities at a price of 0.36 Hong Kong dollars per share, representing a discount of approximately 10.00% from the closing price of 0.4 Hong Kong dollars on December 19, 2025. The maximum fundraising amount for the placement is approximately 411.408 million Hong Kong dollars, with a net amount of approximately 403.18 million Hong Kong dollars, intended for the company's general operating funds.