Lvji Technology (HKG:1745) is looking to raise around HK$151.8 million through the issue of 843,600,337 rights shares at HK$0.18 apiece, a Monday Hong Kong bourse filing said.
The rights shares will be issued on the basis of one rights share for every two existing shares held by qualifying shareholders.
The online tour guide operator will use proceeds to upgrade and expand the electronic tour guide systems business, acquire project companies related to robotics and low-altitude flight, purchase operational rights for scenic areas, and for general working capital.