Boney Holdings (01906) announced the results of the share offering. Since all the conditions relating to the share offering set out in the stock offering regulations have been met,...
According to the Zhitong Finance App, Boney Holdings (01906) announced the results of the share offering. Since all conditions relating to the share offering set out in the stock offering regulations have been met, the stock offering became unconditional on September 3, 2024 (Tuesday).
At 4:00 p.m. on September 2, 2024 (Monday), a total of 25 valid applications and admissions were received, involving approximately 0.271 billion shares, accounting for about 90.37% of the total number of 0.3 billion shares available for subscription under the share offering.
In accordance with the irrevocable promise, Maximax Holding Corporation has accepted and subscribed approximately 0.1586 billion shares.
According to the announcement, the net share offering will raise approximately HK$65 million, of which 83.2% will be used for the Group's general operating capital, including but not limited to employee costs and supplier costs; 11.4% will be used to purchase necessary equipment to upgrade and replace outdated or inadequate equipment; and 5.4% will be used for R&D work aimed at creating new products and establishing new production lines to support such innovation.
The Stock Exchange Listing Committee has approved the listing and trading of the shares offered. It is expected that the fully paid shares will start trading on the Stock Exchange on September 11, 2024 (Wednesday).
The trading unit for each lot traded on the Stock Exchange will be changed from 5,000 shares to 10,000 shares, with effect from 9:00 a.m. on September 11, 2024 (Wednesday).