According to the announcement released by Bonny Holdings (01906), the company plans to raise a maximum of approximately HKD 73.5 million through a rights issue, and issue no more than 300 million shares of the rights issue at a subscription price of HKD 0.245 per share (excluding expenses), assuming that there will be no further issuance or repurchase of shares before or on the record date, and all the shares of the rights issue will be subscribed. The entitlement basis for the rights issue is that for every four existing shares held by eligible shareholders at the close of business on the record date, one share of the rights issue will be allotted.

The net proceeds from the rights issue are estimated to be no more than approximately HKD 72.1 million.

In addition, the board of directors recommends changing the trading unit from 5,000 shares to 10,000 shares per board lot, effective from 9:00 a.m. on Wednesday, August 7, 2024.