Songdu Service (09608) announced that on October 30, 2024, the company plans to issue shares to Fuyang Yihang Mining Co., Ltd...
Wisdom Financial APP news, Songdu Service (09608) announced that on October 30, 2024, the company plans to issue 0.768 billion shares to subscribe for shares to Fuyang Yihang Mining Co., Ltd, at a subscription price of HK$0.0833 per share, a discount of approximately 19.90% from the closing price of HK$0.1040 per share on the day. The net proceeds from the subscription matter are approximately HK$62.5 million and will be used for daily operations.
In addition, according to the company's announcements on May 22, 2024, and May 28, 2024, regarding the subscription matter. The board of directors announced that after further discussions and consultations, the company and the subscribers have decided not to proceed with the subscription matter.