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.

date
22/08/2025
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.