供股最高净筹约2978万港元，约30%将用于资助新疆腾翔的生产装置升级改造，40%将主要用于促进集团现有镁业务的增长，余下30%计划用于支持持续行政及营运开支。Remt (00601) fell over 27% during the session, and as of publication, it is down 27.55%, priced at 0.142 Hong Kong dollars, with a transaction amount of 1.0427 million Hong Kong dollars.
According to Zhitong Finance APP, Remt (00601) fell over 27% during the session, and as of publication, it is down 27.55%, priced at 0.142 Hong Kong dollars, with a transaction amount of 1.0427 million Hong Kong dollars.
In terms of news, Remt announced that the company suggests a rights issue at the subscription price of 0.110 Hong Kong dollars for each rights share for every 2 shares held as of the record date, aiming to raise not less than approximately 32.59 million Hong Kong dollars (before expenses) but not exceeding approximately 33.24 million Hong Kong dollars (assuming the number of shares issued as of the record date or earlier remains unchanged), excluding the MX convertible bonds. The subscription price reflects a discount of about 43.88% compared to the last trading price of 0.196 Hong Kong dollars per share quoted on the Stock Exchange. Eligible shareholders have the right to apply for rights shares exceeding their respective quotas in the rights issue.
The maximum net fundraising from the rights issue is approximately 29.78 million Hong Kong dollars, with about 30% allocated for upgrading the production facilities of Xinjiang Tengxiang, 40% mainly for promoting the growth of the group's existing magnesium business, and the remaining 30% planned for supporting ongoing administrative and operational expenses.
