Hong Wei Asia (08191.HK) proposes to place up to 150 million shares at a discount of approximately 22.41%, raising net proceeds of approximately HK$12.83 million.

Zhitong Finance APP News, Hongwei Asia (08191.HK) announced that on November 3, 2026, the company proposes to place up to 150 million placing shares, representing approximately 42.37% of the company's existing issued share capital as at the date of this announcement; and approximately 29.76% of the company's issued share capital as enlarged by the allotment and issue of up to the maximum number of placing shares immediately upon completion of the placing. The placing price of HK$0.09 per placing share represents a discount of approximately 22.41% to the closing price of HK$0.116 on November 3.