An announcement was issued to China International (01871). Since all the conditions contained in the placement agreement have been met separately, and the placement agreement is...
Zhitong Finance App News issued an announcement to China International (01871). Since all conditions contained in the placement agreement have been met separately, and the placement agreement was not terminated by the placement agent, the share offering became unconditional on March 13, 2024 (Wednesday).
The maximum number of shares offered for sale according to the stock offer is 200 million shares (shares offered). At 4:00 p.m. on March 5, 2024 (Tuesday) (that is, the final acceptance deadline), the Company has received a total of three valid applications involving a total of 32.082 million shares to be offered (equivalent to about 16.01% of the shares offered). The remaining 168 million unsubscribed shares (equivalent to approximately 83.99% of the shares offered) will be subject to compensation arrangements.
At the record date, there were no ineligible shareholders and the number of unsold shares offered by unqualified shareholders was zero.
At 5:00 p.m. on March 12, 2024 (Tuesday) (that is the deadline for placing unsubscribed shares), 3.94 million unsubscribed shares were successfully placed to an independent contractor at a price of HK$0.20 per unsubscribed share.