CH FIN LEASING (02312) Plans to Issue 69.38M Subscription Shares at 2.34% Discount, Raising Net Proceeds of HK$86.47M

Stock News
Oct 05

CH FIN LEASING (02312) announced that on October 5, 2025, the subscriber and the company entered into a subscription agreement whereby the subscriber conditionally agreed to subscribe for, and the company conditionally agreed to allot and issue, 69.3795 million subscription shares at a subscription price of HK$1.25 per subscription share.

As of the announcement date, the company has 347 million shares in issue. The subscription shares represent: (i) approximately 20% of the total number of issued shares as of the announcement date; and (ii) approximately 16.67% of the total number of issued shares as enlarged by the allotment and issuance of the subscription shares, assuming no other changes to the company's issued share capital from the announcement date to the completion date.

The subscription price of HK$1.25 per subscription share represents a discount of approximately 2.34% to the closing price of HK$1.28 per share as quoted on the Stock Exchange on October 3, 2025, being the trading day immediately preceding the date of the subscription agreement.

The gross proceeds and net proceeds from the subscription are expected to be approximately HK$86.7244 million and HK$86.4744 million, respectively.

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