News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
XIMEI RESOURCES To Raise HKD540M via Top-up Placement at ~19.5% Discount
XIMEI RESOURCES (09936.HK) announced a top-up placement of up to 34.1 million existing shares, representing approximately 8.97% of its issued share capital and about 8.23% of the i...
Reset
Send
The window will close in 5 seconds
XIMEI RESOURCES To Raise HKD540M via Top-up Placement at ~19.5% Discount
Close
Recommend
1
Positive
1
Negative
3
 
SHORT SELL
 
STOCK INFO
aacat by AASTOCKS
Open a new trading account to get 1 Intel/Selected Gold ETF share!

XIMEI RESOURCES (09936.HK)  +0.130 (+0.798%)   announced a top-up placement of up to 34.1 million existing shares, representing approximately 8.97% of its issued share capital and about 8.23% of the issued share capital as enlarged by the allotment and issuance of the subscription shares. The placing price is HKD16.1 per share, representing a discount of approximately 19.5% to yesterday's closing price of HKD20.

Gross proceeds from the placing are expected to be approximately HKD549 million, with net proceeds estimated at approximately HKD537.2 million. The Group plans to use about HKD161.2 million (approximately 30%) for potential strategic investment and acquisition in the upstream mining space; about HKD161.2 million (approximately 30%) for development of business and expansion of production capacity; and the remaining approximately HKD214.8 million (approximately 40%) for working capital and general corporate purposes.
(HK stocks quote is delayed for at least 15 mins.)

Auto-translated by AI
View Original Text
This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.

AASTOCKS Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.