Feitianyun Group (06610.HK) plans to offer a discount of approximately 19.60% for the sale of up to 361 million shares. The net proceeds are estimated to be around 71.62 million Hong Kong dollars.

WizUnion Financial News APP News, Feiteng Cloud Dynamics (06610.HK) announced that on April 30, 2025, the company entered into a placing agreement with the placing agent. The company has appointed the placing agent to act as its agent. Pursuant to the terms and conditions of the placing agreement, the company will use its best efforts to encourage at least six subscribers to subscribe for up to 3.61 billion placing shares at a price of HK$0.201 per share. The placing shares will be issued and distributed under the general mandate for allotment and issuance.