Capital Finance Holdings (08239.HK) plans to offer a discount of approximately 19.5% for the sale of up to 7.5 million shares, raising approximately HK$118 million net.

Financial news from the Wise Finance APP: Capital Financial Holdings (08239.HK) announced that on July 3, 2026, the company intends to privately place up to 7.5 million shares, equivalent to approximately 7.99% of the total issued share capital as of the date of the announcement. The company's issued share capital after the issuance and placement of the shares is estimated to be around 7.40%. The price for the private placement shares is HK$16.10 per share, at a discount of approximately 19.50% from the closing price of HK$20.00 on July 3. If all the shares are fully subscribed, the total proceeds would be around HK$121 million, with net proceeds estimated to be around HK$118 million. The company plans to use the net proceeds from the private placement as follows: approximately HK$98.4 million (83.60%) to repay interest-bearing loans and corresponding interests, and approximately HK$19.31 million (16.40%) for the group's lending business.