XXF (02473) plans to offer a discount of about 2.38% in a rights issue, with a net proceeds of approximately HK$1.26 billion.
The Happy Meet Group (02473) announced that on May 13, 2026 (after the trading session), the company, the seller Mingzhu Capital Resources Limited, and the placing agent entered into a placing and subscription agreement. According to this agreement, the seller intends to place approximately 155 million existing shares through the placing agent to at least six placing agents at a price of HK$0.82 per share, a discount of approximately 2.38% to the closing market price of HK$0.84 per share on the last trading day on the Stock Exchange; The company will issue an equal number of new shares to the seller at a price of HK$0.82 per share, raising approximately HK$126 million net, intended for further purchasing vehicles and related purposes for the main business of the group.
XXF (02473) announced that on May 13, 2026 (after trading hours), the company, the seller Pearl Capital Resources Limited, and the placing agent entered into a placement and subscription agreement. According to this agreement, the seller intends to place approximately 155 million existing shares through the placing agent to not less than six subscribers at a price of HK$0.82 per share, representing a discount of approximately 2.38% to the closing market price of HK$0.84 per share on the last trading day on the Stock Exchange of Hong Kong. The company will issue the same number of new shares to the seller at a price of HK$0.82 per share, raising approximately HK$126 million net proceeds, intended for further purchase of vehicles for the group's main business and related purposes.
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