Kuoen Holdings (08121.HK) intends to offer a discount of about 11.76% for the rights issue, with a maximum net proceeds of approximately 2.7 million Hong Kong dollars.
Intelligence Finance APP News, State Prosperity Holdings (08121.HK) announced that on August 21, 2025 (after trading hours of the Stock Exchange), the company entered into a placing agreement with the placing agent. Accordingly, the company has conditionally agreed to place up to 5 million shares to no fewer than 6 placees (themselves and their ultimate beneficial owners (if applicable) are all independent third parties) through the placing agent. The placing price is 0.60 Hong Kong dollars per share, which represents a discount of approximately 11.76% from the closing market price of 0.680 Hong Kong dollars per share reported on the Stock Exchange on the date of the placing agreement.
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