公司拟将认购权获行使时所收到的任何认购款项用作提升集团实力，进一步投资从事资源界别的公司，以及用作集团的一般营运资金。APAC Resources (01104.HK) announced on October 4 that the board of directors proposes, upon the satisfaction of the following conditions, to issue dividend warrants for every 5 shares held to eligible shareholders on the record date.
Based on the preliminary subscription price of HK$1.00 per new share, the company is expected to receive a maximum of approximately 0.271 billion Hong Kong dollars in subscription proceeds.
The group is a large-scale investment fund and commodity trading company, with strategic interests in natural resource companies. Its main businesses include strategic investments, resource investments, and commodity trading focusing on metals, mining, and energy, as well as financial asset investments. The directors believe that the issuance of dividend warrants will offer shareholders the opportunity to participate in the company's growth. Upon exercise of the subscription rights attached to the dividend warrants, the issuance will also strengthen the company's share capital base, enabling the company to obtain more general operating funds and identify potential investments.
The company plans to use any subscription proceeds received upon the exercise of subscription rights to enhance the group's strength, further invest in companies in the resources sector, and as general operating funds for the group.
