JIAYUAN SER (01153) announced that on April 15, 2026, the company proposes to place up to 60.5 million placement shares. This represents approximately 9.89% of the company's existing issued share capital as of the date of this announcement, and about 9.00% of the enlarged issued share capital following the allotment and issue of all placement shares.
The placement price is set at HK$0.25 per share, which represents a discount of approximately 5.66% compared to the closing price of HK$0.265 per share on April 15.
Assuming all placement shares are successfully placed, the gross proceeds from the placement will amount to HK$15.125 million. The company estimates the net proceeds will be approximately HK$14.6 million.
JIAYUAN SER intends to use the entire net proceeds from the placement to bolster the group's general working capital and strengthen its financial position. The funds will be allocated for general working capital purposes, including rental payments, employee costs, professional fees, and other general administrative and operational expenses. A portion will also be used to settle outstanding payables.