Zhongshi Minan (8283) Announces 5-for-1 Rights Issue, Board Lot Change, and Adoption of New Share Option Scheme

Bulletin Express
2025/11/28

According to the announcement, Zhongshi Minan Holdings Limited (stock code: 8283) intends to conduct a rights issue on a non-underwritten basis. Shareholders will be offered five rights shares for every one share held on the record date of 2 January 2026, at a subscription price of HK$0.35 per rights share. The nil-paid rights are expected to be traded from 7 January 2026 to 14 January 2026. An extraordinary general meeting is scheduled for 18 December 2025 to approve these proposals.

The company also proposes to increase its authorised share capital from HK$20 million (160 million shares) to HK$200 million (1.6 billion shares), change the board lot size for trading from 1,000 shares to 5,000 shares (effective 7 January 2026), and terminate its 2016 share option scheme in favor of a new 2025 share option scheme. The board urges shareholders and investors to note these key dates and resolutions in preparation for the upcoming extraordinary general meeting.

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