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Guan Chao Holdings (01872.HK) plans a 1-for-4 rights issue to raise a net of HKD 0.17 billion.
Guan Chao Holdings (01872.HK) announced that the board of directors recommends offering 0.40 Hong Kong dollars per share of subscription price (with qualified shareholders holding one (1) share of stock on the record date receiving four (4) shares of stock as the benchmark for subscription shares) to issue 0.432 billion shares of subscription shares in the form of shares, raising a maximum total of approximately 0.17 billion Hong Kong dollars (before deducting expenses). The subscription shares are only applicable to qualified shareholders and not to unqualified shareholders. Assuming that the total issued share capital of the company has not changed before or on the record date, and the subscription is fully accepted, the maximum net proceeds from the subscription (after deducting expenses) will be
Express News | Guan Chao - Rights Issue on Basis of 4 Rights Shares for Every 1 Share Held
Express News | Guan Chao - to Raise Gross Proceeds of up to HK$172.8 Mln Before Expenses by Way of Rights Issue of 432 Mln Rights Shares at HK$0.40 per Share
Guan Chao Issues Subscription Shares Worth HK$11.24 Million
Guan Chao Holdings (HKG:1872) said it completed the issuance of subscriptions of 18 million shares for roughly HK$11.24 million to a third party, according to a Friday filing on the Hong Kong bourse.
Guan Chao Holdings (01872) has completed the issuance of 18 million shares.
GTC Holdings (01872) has announced that all preconditions have been met, and in accordance with the terms of the subscription agreement, the transaction has been completed as of June 7, 2024. Upon completion, 18 million subscription shares have been allocated and issued by the company to the subscriber (an independent third party) at a subscription price of HKD 0.63 per share.
Guanli Holdings reduced 810 million shares due to share consolidation on a “10 and 1” basis
Guanli Holdings (01872) announced that on May 27, 2024, the company will reduce 810 million shares due to a share consolidation on a “10 and 1” basis.
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