ZHONGSHI MINAN (08283) Successfully Places 263.5 Million Unsubscribed Rights Shares
Stock News
Feb 11
ZHONGSHI MINAN (08283) announced that as of 6:00 p.m. on Tuesday, February 3, 2026, the cut-off time for the placement, all 263.5 million unsubscribed rights shares have been successfully placed under the placement agreement at a price of HK$0.35 per share, which is equivalent to the subscription price. Consequently, there is no distributable net proceeds for non-acting shareholders from the placement. Based on the acceptance results of the rights issue and the outcome of the placement, a total of 288 million rights shares will be allotted and issued, representing 100% of the total number of rights shares offered under the rights issue.
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