Yuetai Bay Wise (01396.HK) plans to discount approximately 18.40% of the total of 23.62 million shares for subscription, with a net fundraising of approximately HK$277 million.

Smart Finance APP News, Yuegang Bay Intelligence (01396.HK) announced that on June 29, 2026, the Company entered into a subscription agreement with subscribers, pursuant to which the Company has conditionally agreed to issue and issue, and the subscribers have conditionally agreed to subscribe for a total of 23.6202 million shares of subscribed shares, accounting for (i) approximately 1.51% of the Company's existing issued share capital of 1.56 billion shares as of the date of this announcement; and (ii) approximately 1.49% of the Company's enlarged issued share capital after the issue and issuance of the subscribed shares (assuming no other changes to the issued shares of the Company from the date of this announcement to the completion of the subscription matter).