Shareholders of Renze Harvest International (HKG:1282) will meet Oct. 15 to vote on the placing of a little over 2.3 million shares to at least six investors at HK$0.128 apiece to raise net proceeds of HK$293.7 million, a Tuesday Hong Kong bourse filing said.

The shares represent around 46.4% of the property investor and developer's enlarged issued share capital.

The firm will use proceeds to repay loans and for general working capital.