PERFECTECH INTL (00765) Proposes "2-for-1" Rights Issue at Approximately 18.06% Discount, Raising Up to HK$46.74 Million Net
Stock News
Sep 26
PERFECTECH INTL (00765) announced that the company proposes to issue up to 163,461,803 rights shares on a "2-for-1" basis (assuming no shares are issued or repurchased on or before the record date) at HK$0.295 per rights share, representing a discount of approximately 18.06% to the closing price of HK$0.360 per share as quoted on the Stock Exchange on the last trading day. If the rights issue is fully subscribed, net proceeds will amount to approximately HK$46.74 million, with about 78.61% to be used for investment in large model business to develop new generation technology, and about 21.39% expected to be used for supplementing the group's general working capital by December 2026.
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