Meadowood Health (02159.HK) plans to discount about 6.78% of the maximum 40 million shares to raise approximately HK$21.32 million net.

Intelligence Financial News APP, Media Medical Kang (02159.HK) announced that on July 14, 2025, the company entered into a placing agreement with the placing agent. According to the agreement, the placing agent conditionally agreed to place up to a maximum of 40 million shares at a placing price of HK$0.55 per share to no less than six placees on a best efforts basis. The placing price represents a discount of approximately 6.78% to the closing price of HK$0.59 per share as reported on the Stock Exchange on the date of the placing agreement.