Rigao Holdings (08472.HK) plans to issue a discount of approximately 12.90% for the sale of up to 19.2 million shares.

The Zhixia Finance and Economics APP reported that Li Gao Holdings (08472.HK) announced that on April 28, 2025, the company entered into a placing agreement with the placing agent. The placing agent conditionally agreed to act as the placing agent of the company, and used its best efforts to lead no less than six placees (whose itself and ultimate beneficial owners are independent third parties from the company and its related parties) to place up to 19.2 million shares of placing shares at a placing price of HK$0.27 per share.