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Zhuoyue Holdings (00653) plans to issue 4.716,300 shares at a discount of 7.48% to raise about HK$6.7 million
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According to Zhitong Finance App News, Zhuo Yue Holdings (00653) issued an announcement. On October 12, 2026 (after the trading period), the Company entered into a subscription agreement with each subscriber. According to this, the subscribers conditionally agreed to subscribe, and the Company conditionally agreed to issue a total of 4716,300 subscription shares in cash at a subscription price of HK$1.434 per subscription share, which is equivalent to a total subscription price of approximately HK$6.76 million, subject to the terms and conditions set forth therein.

The subscription price of HK$1.434 per subscription share is equivalent to a discount of approximately 7.48% per share compared to the closing price of HK$1.550 per share as reported on the date of the subscription agreement.

The total number of subscribed shares accounted for approximately 7.54% of the total number of issued shares at the date of this announcement and approximately 7.02% of the total number of issued shares after the issuance and expansion of subscription shares (assuming that there will be no change in the total number of issued shares from the date of this announcement until the subscription matters are completed).

The total proceeds from the subscription process and the estimated net proceeds will be approximately HK$6.76 million and HK$6.7 million respectively.

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