Collect Sea Resources (02489.HK) plans to offer a discount of approximately 19.2% for the placement of up to 400 million shares, raising approximately HK$4.62 billion.

Zhixin Financial News APP learned that a company with ticker symbol 02489.HK has announced that on September 25, 2025 (after trading hours), the company and its joint placement agents have entered into a placement agreement. In accordance with this agreement, the company has conditionally agreed to place up to 400 million shares of stock to a minimum of six underwriters at a price of 1.18 Hong Kong dollars per share, with the underwriters and their beneficial owners being independent third parties. The placement price represents a discount of approximately 19.2% compared to the closing market price of 1.46 Hong Kong dollars per share reported on the day of the placement agreement.