Baida International Holdings (01949.HK) plans to discount approximately 14.29% to issue 38.4 million shares, raising approximately HK$136.99 million.

The Zhitong Finance APP news, Bowtie International Holdings (01949.HK) announced that on June 26, 2026, the company plans to issue a total of 38.4 million shares to subscribers (Hong Kong Amakusa Ecological Technology Co., Ltd.), accounting for 20% of the company's issued share capital as of the date of this announcement; and after the completion of the subscription, the company's issued share capital is expanded by approximately 16.67%. The subscription price for each share is 0.360 Hong Kong dollars, a discount of about 14.29% compared to the closing price of 0.420 Hong Kong dollars per share on June 26th. Assuming all subscription shares are successfully issued, the total proceeds and net proceeds from the subscription will be approximately 13.824 million Hong Kong dollars and approximately 13.699 million Hong Kong dollars, respectively.