CCIAM FUTURE EN (00145) plans to offer a discount of approximately 17.78% for the rights issue, with a maximum net proceeds of approximately HK$5.79 million.

date
17/06/2025
avatar
GMT Eight
Sinolow Carbon (00145) announced that on June 17, 2025, the company plans to issue a maximum of 4068.9...
CCIAM Future EN(00145) Announcement, The Company intends to issue up to a maximum of 40.6893 million shares for subscription on June 17, 2025, representing approximately 16.67% of the total number of issued shares after the full allotment and issuance of the enlarged shares. The subscription price per share is HK$0.148, a discount of approximately 17.78% to the closing price of HK$0.18 on June 17. Assuming the subscription agent successfully sells all the subscription shares, the estimated total proceeds from the subscription will be approximately HK$6.02 million, with an estimated net proceeds of approximately HK$5.79 million. The Company intends to use the net proceeds from the subscription for the general operating expenses of the group, including but not limited to salaries, rent, consulting fees, professional fees, and other office and company expenses.