Summary by Moomoo AI
Kingkey Fin Int (Holdings) Limited ("Kingkey Fin") announced that the subscription price for its non-underwritten rights issue has been revised from HKD 0.91 per share to HKD 0.76 per share. This revision reflects the downward trend in the closing price of shares since the announcement on October 18, 2024. The new subscription price represents a discount of approximately 2.56% compared to the closing price per share of HKD 0.78 on the announcement date, and a discount of approximately 6.17% compared to the average closing price of the five trading days prior to the announcement date. The board of directors believes that adjusting the subscription price can better reflect market conditions, encourage shareholders to participate in the rights issue, and align with the overall interests of the...Show More