Aerospace hi-tech holding group (01725) fell nearly 7% in the afternoon, as of press time, down 5.93%, to HKD 1.11, with a turnover of HKD 2.8445 million.
According to the Smart Financial News App, Aerospace hi-tech holding group (01725) fell nearly 7% in the afternoon, as of press time, down 5.93%, to HKD 1.11, with a turnover of HKD 2.8445 million.
Interstellar Aerospace announced that it will issue a total of 31.8 million shares to subscribers at a price of HKD 1.01 per share, which is 14.41% discount from the closing price on the previous trading day (14 May). The net proceeds from the rights issue will be HKD 31.8 million, which will be used for general operational funding, including administrative expenses for ongoing operations and operational expenses for aerospace business. After completion, it will hold 8.17% of the company's share capital.
In addition, according to documents disclosed by the Hong Kong Stock Exchange, major shareholder Li Xiaofei sold 18 million shares of common stock of Aerospace hi-tech holding group on May 27, with an average price of HKD 1.71 per share, with a total value of approximately HKD 30.78 million. After the sale, Li Xiaofei's latest shareholding was 12 million shares, and the proportion of his shares held decreased from 8.41% to 3.36%. It is worth noting that Gu Jiali, Vice Chairman of Aerospace hi-tech holding group, will retire as executive director and Vice Chairman of the board of directors after the shareholders' annual meeting on June 25.