Bonny Hldg (01906.HK) announced that it recommends a 4:1 rights issue of no more than 300 million shares at a subscription price of HKD 0.245 per share, a discount of 43.02% compared to the previous trading day (19th). The total amount of funds raised is HKD 73.5 million, with a net amount not exceeding HKD 72.1 million, which will be used for general working capital, the purchase of necessary equipment, and research and development of new products.
At the same time, it is recommended to change the trading unit from 5,000 shares to 10,000 shares per lot, effective from August 7.