Xin Zhi Number (02322.HK) plans to offer a discount of approximately 16.67% on its rights issue, with a maximum net fundraising of about HK$29.3 million.

date
17/11/2025
Intelligence Financial News APP, Xinzhi Digital (02322.HK) announced that on November 17, 2025 (after trading hours of the Stock Exchange), the company entered into a placing agreement with the placing agent to place up to 300 million shares of placing shares at a price of HK$0.1 per share. This represents a discount of approximately 16.67% compared to the closing price of HK$0.12 per share as reported on the Stock Exchange on the date of the placing agreement. Assuming all placing shares are successfully placed, the net proceeds will be approximately HK$29.3 million, intended for general working capital of the group.