Guangdong-Hong Kong-Macao Greater Bay Area Investment Holdings Limited (01396) plans to offer a discount of approximately 3.51% for the issuance of 34.18 million shares, raising approximately HK$187.6 million.
Zhixin Finance and Economics APP News, Yuexiawang Holdings (01396) announced that on December 4, 2025, the company intends to issue a total of 34.182 million shares to subscribers (CMBI PRIVATE EQUITY SERIES SPC, Toprise Limited), accounting for approximately 2.95% of the company's enlarged issued share capital through the issuance of subscription shares. The subscription price is HK$5.5 per share, a discount of approximately 3.51% compared to the closing price of HK$5.7 per share on December 4. The total amount of funds raised from the subscription will be approximately HK$188 million, and the net proceeds will be approximately HK$187.6 million. The Board of Directors intends to use the net proceeds from the subscription for the general operating funds of the group, specifically, around 70% is intended for the AI computing power cloud service project; around 20% is intended for project construction costs; and around 10% is intended for daily operating expenses.
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