Jutal Offshore Oil Services Limited (3303) has published a prospectus detailing plans for a rights issue on the basis of one rights share for every six existing shares. The subscription price is set at HK$0.16 per rights share, representing a discount of about 69% compared to the closing price on the last trading day mentioned in the prospectus. The latest time for acceptance and payment is scheduled at 4:00 p.m. on Thursday, 26 February 2026.

According to the prospectus, if fully subscribed, the rights issue may raise gross proceeds of around HK$56.9 million before expenses. After deducting estimated costs, the net proceeds of around HK$55.1 million are earmarked mainly for expanding existing manufacturing facilities in Zhuhai, with the remainder allocated for general working capital. If not fully taken up, any unsubscribed portion is expected to be placed on a best-effort basis, with any premium realized (after deducting the subscription price) distributed among relevant shareholders.

The prospectus indicates that the shares will be dealt in on an ex-rights basis starting from Wednesday, 28 January 2026, and the record date is Thursday, 5 February 2026. Share certificates for fully paid rights shares are expected to be dispatched on or before Friday, 20 March 2026, subject to fulfillment of the conditions outlined in the prospectus.