Zhichuang Nengjian (01751.HK) plans a 5 for 2 rights issue.

Zhitong Finance APP news, Zhisuanneng Build (01751.HK) announced that the company proposes to issue 2 rights shares for every 5 shares held as of the record date, with a subscription price of HKD 0.65 per rights share. This will involve the issuance of 116,477,534 rights shares to qualified shareholders, raising a total amount of up to approximately HKD 75.7 million (assuming no change in the number of shares issued as of or before the record date). The rights issue is only offered to qualified shareholders and will not be presented to ineligible shareholders (if any).