Aidi Palace (00286) announced that the board of directors recommended that shares be offered according to the “3 to 1” basis, with 0.04 shares per share...
Zhitong Finance App News, Aidi Palace (00286) announced that the board of directors proposed to issue shares according to the “3 for 1” basis, with a share offering of HK$0.042 per share, a discount of about 38.24% from the closing price of HK$0.068 per share on March 20, 2024; issue a maximum of approximately HK$1,478 million, raise about HK$62.09 million, net raise about HK$56.7 million, and HK$8.51 million to expand the Group's monthly service business, and HK$8.51 million to expand the Group's monthly service business and HK$8.51 million for the Group's monthly service business General working capital.
On March 20, 2024 (after the trading period), the company entered into an underwriting agreement with the underwriter. Under the underwriting agreement, the underwriter conditionally agreed to underwrite all approximately 1,478 million shares, subject to the terms and conditions contained in the underwriting agreement.