CHI KINGSTONE issues new shares at a premium of 4.71%, raising HKD 17 million

AASTOCKS
2025.08.24 08:46

CHI KINGSTONE (01380.HK) announced that it will issue a total of 95,505,600 new shares to six independent third parties, equivalent to a 20.5% increase in the enlarged share capital, and will seek special authorization from shareholders; the price per share is HKD 0.178, representing a premium of 4.71% over the last trading day (22nd). The total amount raised is HKD 17 million, with a net amount of HKD 16.7 million, intended for business development and expansion, as well as general working capital