Energy International Investment (00353) plans to issue a total of approximately 1.035 billion subscription shares, representing a discount of about 18.33%, raising approximately HK$254 million.

date
24/12/2025
Intelligent Wealth Financial APP news, Energy International Investment (00353) announced that on December 24, 2025, the company (as the issuer) entered into three subscription agreements with subscribers (Mr. Sun Ke, Cosmic Shine International Limited, and Ms. Wang Huilin). According to this, the subscribers have conditionally agreed to subscribe for a total of 1.035 billion shares at a subscription price of HK$0.245 per share, at a discount of approximately 18.33% compared to the closing price of HK$0.3 per share reported on the Stock Exchange on the date of the subscription agreement, with a total consideration of approximately HK$254 million. The net proceeds will be used to redeem RMB 270 million worth of preferred shares issued by Shandong Shundong Port Services Co., Ltd., an indirectly non-wholly-owned subsidiary of the Company.