Translates to: "China Resources Bio-RAM 11% discount stock rights issue to raise HK$100 million"

date
18/08/2025
China Resources Biological announced to issue 5 million new H shares at a price of HK$20 per share, raising HK$100 million, with a net amount of HK$99 million. Approximately 60% of the funds will be used to repay existing interest-bearing bank loans, approximately 30% will be used for new pipeline research and development, and approximately 10% will be used for operating capital and other corporate purposes. The issue price represents a discount of approximately 10.95% from the closing price of HK$22.46 on the previous Friday, with the new shares accounting for approximately 2.2% of the enlarged share capital.