Yichen Group (08365.HK) plans to issue shares at a discount of approximately 11.29%, with a maximum net raise of approximately HK$29.6 million.

date
05/11/2025
Wisdom Finance APP News, Yicheng Group (08365.HK) announced that on November 4, 2025, the company entered into a placement agreement with placement agents. The company plans to issue up to 18 million shares of placement shares to not less than six placing persons through placement agents at a price of HK$1.65 per share. This represents a discount of approximately 11.29% compared to the closing price of HK$1.86 per share reported on the Stock Exchange on the date of the placement agreement.