Yichen Group (08365.HK) plans to first discount about 34.07% of the issue of 9.48 million subscribed shares, with a net amount of approximately HK$11.276 million.
Wisdom Financial News APP reported that Yichen Group (08365.HK) announced that on September 16, 2025, the company, its controlling shareholder, and the buyers (six individual investors) entered into a sale and subscription agreement. According to this agreement, the controlling shareholder intends to sell 9.48 million shares of the company's issued shares, accounting for approximately 5.54% of the issued share capital on the date of the announcement, to the buyers at a total cash price of HK$11.376 million (i.e. HK$1.2 per share); and the company will issue 9.48 million subscription shares to the controlling shareholder at a subscription price of HK$1.2 per new share, representing a discount of approximately 34.07% from the closing market price of HK$1.82 per share on the day of the announcement on the Hong Kong Stock Exchange.
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