NOBLE ENG GP (08445) plans to discount approximately 83.72% to place a maximum of 55.276 million shares, netting about HKD 9.69 million.

Yikangtai Engineering Group (08445) announced that on September 9, 2026, the company intends to place a maximum of 55,276,000 placement shares, representing approximately 20.00% of the company's existing issued share capital and approximately 16.67% of the enlarged issued share capital after the placement. The placing price is HKD 0.180 per share, which represents a discount of approximately 83.72% compared to the closing price of HKD 0.215 per share on September 9. Assuming all placement shares are fully placed, the total gross proceeds and net proceeds from the placement will be approximately HKD 9.95 million and HKD 9.69 million, respectively. The company intends to use the net proceeds from the placement for upfront expenses of new plastering subcontracting projects and general working capital for the Group.