Country Garden (01676.HK) plans to discount about 14.0% to sell a maximum of 30.82 million shares. Net proceeds are approximately 12.94 million Hong Kong dollars.

date
18/09/2025
Wisdom Financial News APP, Gao Di Shares (01676.HK) announced that on September 18, 2025 (after trading hours), the placement agent entered into a placement agreement with the company. The placement agent conditionally agreed to act as the company's placement agent, and will make best efforts to ensure that the company sells a maximum of 30.82 million shares at a placement price of HK$0.43 per share to no fewer than 6 placing agents (all of whom and their ultimate beneficial owners are independent third parties).