BONJOUR HOLD to Issue 86 Million Subscription Shares at 19.54% Discount

Stock News
03/17

BONJOUR HOLD (00653) announced that on March 17, 2026, the company entered into a subscription agreement with subscriber Mr. Gao Jianxing. Under the agreement, the subscriber conditionally agreed to subscribe, and the company conditionally agreed to issue a total of 86 million subscription shares at a price of HK$0.070 per share, payable in cash. The total subscription consideration amounts to approximately HK$6.02 million, subject to the terms and conditions outlined in the agreement. The subscription shares represent approximately 4.81% of the total issued shares as of the announcement date and about 4.59% of the enlarged issued share capital following the allotment and issuance of the subscription shares, assuming no change in the total number of issued shares from the announcement date until the completion of the subscription. The subscription price of HK$0.070 per share represents a discount of approximately 19.54% to the closing price of HK$0.087 per share on the date of the subscription agreement on the Stock Exchange. The company intends to use the net proceeds from the subscription for general working capital purposes.

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