Future Machines Limited (01401.HK) plans to conduct a "2 for 1" rights issue.

Wisdom Finance and Economics APP news, Future Machine Limited (01401.HK) announced that the board of directors proposed to issue 500 million new shares through rights issue, with a subscription price of 0.28 Hong Kong dollars per share. Eligible shareholders holding 2 existing shares on the record date will be entitled to subscribe for 1 new share at the subscription price. The company aims to raise a total of approximately 140 million Hong Kong dollars through the rights issue, with only eligible shareholders being allowed to subscribe. Non-eligible shareholders will not be allowed to subscribe.