Wai Hung Group Holdings (03321.HK) issued a clarification announcement stating that the subscription price should be HKD 0.0204 per share, a discount of approximately 18.4% compared to the closing price yesterday. The proceeds amount to HKD 2.06 million and will be used as general operating funds for the group.
The company has applied to resume stock trading from 1:00 p.m. this afternoon.