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BWI Int'l (02339.HK) plans to issue up to 0.287 billion shares for every 2 shares held, raising a maximum of HKD 48.2 million.
On August 22, bwi int'l (02339.HK) announced that the company plans to issue up to 0.287 billion shares to eligible shareholders at a subscription price of HKD 0.168 per share, representing a discount of approximately 13.85% compared to the closing price on August 21. Assuming that the number of issued shares has not changed as of the record date or earlier, and all the shares to be issued through the rights issue have been fully subscribed, the total proceeds from the rights issue will be approximately HKD 48.2 million. The estimated net proceeds from the rights issue will be approximately HKD 46.5 million, and the following uses are planned within twelve months after the completion of the rights issue: (a) 55
Express News | Beijingwest Industries International - Rights Issue to Raise up to HK$48.2 Mln
Express News | Beijingwest Industries International - Rights Issue on Basis of 1 Rights Share for Every 2 Shares at Subscription Price of HK$0.168 per Share
Express News | Beijingwest Industries International Sees Loss Attributable HK$40 Mln and HK$50 Mln for Six Months
BWI INT'L: PROFIT WARNING
BWI Int'l (02339.HK) plans to hold a board of directors meeting on August 29th to review its mid-year performance.
BWI Int'l (02339.HK) announced on August 14th that the board of directors meeting will be held on Thursday, August 29th, 2024 at 10/F, Room 1005-06, Cheuk Nang Plaza, 39 Cheung Sha Wan Road, Hong Kong. (including) to approve the mid-year performance of the company and its subsidiaries up to June 30, 2024, and (if appropriate) consider the distribution of mid-term dividends.
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