Dowway (08403) announced that on October 21, 2024, the company plans to issue 3 million to Huiguo Jin...
Wisdom Financial APP News, Dowway (08403) announced that on October 21, 2024, the company plans to issue 3 million shares to Huiguo Jin at a subscription price of 1 Hong Kong dollar per share, a premium of approximately 21.95% over the closing price per share of 0.82 Hong Kong dollars reported by the Exchange on the subscription agreement date.
The estimated total amount and net amount of the subscription will be 3 million Hong Kong dollars and approximately 2.95 million Hong Kong dollars, respectively, intended to be used as general working capital for the group.