Xinyuan Enterprise Group (01748.HK) announced that it has entered into a supplemental agreement with the underwriter TGG Ventures to adjust the subscription price from $1.2 to $1,215, representing a discount of 12.59% compared to pre-discontinuation earnings. The net capital raised will be increased to $0.106 billion, to be used in part to pay for the remaining costs of ship acquisitions; and general operating capital.
The company's shares have been applied for a resumption of trading on Thursday (9th).