SKYMISSION GP (01429) plans to discount about 15.83% for a placement of up to 320 million shares, aiming to raise approximately HKD 31.7 million.

SKYMISSSION GP (01429) announced that on August 14, 2026, the company intends to place up to 320 million placement shares, equivalent to 20% of the company's existing issued share capital as of the date of this announcement; and approximately 16.67% of the company's issued share capital after the placement and issuance of the placement shares. The placement price for each share is HKD 0.101, representing a discount of approximately 15.83% compared to the closing price of HKD 0.120 per share on August 14. Assuming all 320 million placement shares are successfully placed, the total amount raised from the placement is expected to be approximately HKD 32.32 million, with the net proceeds from the placement estimated at around HKD 31.70 million. The Board intends to use 50% of the net proceeds from the placement to settle trade payables and other payables. The remaining 50% will be used to pay employee costs.