Hengyi Holdings (01894) announced that on May 23, 2024, the company entered into a placing agreement with a placing agent, intending to place a maximum of approximately 1 to no less than six placees through the placing agent.baccaratmillenuitsflutissimo.53.5 billion placed shares, accounting for approximately 16.67% of the enlarged share capital. Each placing share is HK$0.054, a discount of approximately 18.2% to the closing price of HK$0.066 per share on May 23, 2024.
Assuming that all placing shares are fully placed, a net raise of approximately HK$7.8 million is proposed to be allocated to the groupbaccaratmillenuitsflutissimoGeneral working capital.