Grainwire November 22nd | ta yang group (01991.HK) announced that on November 22, 2024, the company entered into the agreement with Lingzhi, under which the company has conditionally agreed to issue and distribute, while Lingzhi has conditionally agreed to subscribe for 6.7 million shares at the issue price of 0.12 Hong Kong dollars per share, and Lingzhi shall pay such expenses in the form of offsetting service fees.
The issue price of 0.12 Hong Kong dollars per share for the expense shares is about 29.032% premium over the stock market price of 0.093 Hong Kong dollars per share reported by the Stock Exchange on the date of the agreement.
