YESASIA HLDGS (02209) Plans to Issue 4.1 Million Subscription Shares at 1.77% Discount, Raising Net Proceeds of HK$22.755 Million
Stock News
Aug 26
YESASIA HLDGS (02209) announced that on August 26, 2025, the company intends to issue 4.1 million subscription shares to The Founders Inc. The subscription price is set at HK$5.55 per share, representing a discount of approximately 1.77% compared to the closing price of HK$5.65 per share on the same day. The subscription arrangement is expected to generate net proceeds of approximately HK$22.755 million, which will be used for the expansion of the Asian Beauty Wholesale business, including the construction of overseas warehouse inventory and general working capital purposes.
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