Liqiao Securities Holdings (08350) announced that on September 2, 2024, the company plans to issue a total of 0.16 billion shares of subscription shares to Mr. Xu Chu's spouse...
Announcement from Liqiao Securities Holdings (08350): On September 2, 2024, the company plans to issue a total of 0.16 billion shares of subscription shares to Mr. Xu Chu's spouse, accounting for approximately 16.67% of the enlarged share capital. The subscription price is HK$0.250 per share, with a premium of approximately 65.6% over the closing price of HK$0.151 per share on September 2, 2024.
The net proceeds from the subscription will be approximately HK$38 million and will be used to repay the company's outstanding notes.
