配售事项所得款项净额估计约为5910万港元，即每股配售股份的净发行价约为0.0985港元。China Tianhua Chemical (00362) rose more than 5%. As of press release, it rose 5.61% to HK$0.113, with a turnover of HK$2.2172 million.
The Zhitong Finance App learned that China Tianhua Chemical (00362) rose by more than 5%. As of press release, it had risen 5.61% to HK$0.113, with a turnover of HK$2.2172 million.
According to the news, China Tianchem announced that on August 22, 2024 (after the trading session on the Stock Exchange), the company entered into a placement agreement with the placement agent. According to this, the placement agent agreed to act as the company's agent to force no less than six undertakers (their ultimate beneficial owners (and their ultimate beneficial owners (if applicable) to be independent third parties) to subscribe for up to 0.6 billion shares for the placement of shares. The placement price was discounted by approximately 6.54% from the closing price of HK$0.107 per share as reported on the Stock Exchange on August 22, 2024 (the date of the placement agreement).
The net proceeds from the placement are estimated to be approximately HK$59.1 million, or the net issue price of each placed share is approximately HK$0.0985.
