Shandong Gold (01787) plans to discount approximately 8.98% of the rights issue, raising a maximum of approximately HK$38.924 billion.
Zhijing Financial News App reported that Shandong Gold (01787) announced that in order to further promote the internationalization of the company in the capital market, enhance the company's capital strength, optimize its capital structure, and promote healthier, sustainable, high-quality development of the enterprise, and help create a world-class gold mining enterprise with global competitiveness, on September 2, 2025 (before the trading hours of the Stock Exchange), the company entered into a placement agreement with the placement agent to sell up to 136.5 million shares at a placement price of HK$28.58 per share, representing a discount of approximately 8.98% from the closing price of H shares at HK$31.40 per share reported on the Stock Exchange on September 1, 2025.
Latest