Sunac China Holdings Limited (02522.HK) plans to discount approximately 14.89% of the total of 9.75 million shares to be offered for sale, raising a net amount of approximately 1.82 billion Hong Kong dollars.

Zhtng Cijng APP news, Fengyan (02522.HK) announced that on April 25, 2025, the company entered into a placement agreement with the placement agent. The placement agent has agreed to use its best efforts to ensure that at least six placees (themselves and their ultimate beneficial owners will be independent third parties) purchase 9.75 million shares at a placement price of HK$20.00 per share.