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GAODI HOLDINGS: 2024 Annual Report
Gaodi Eyes HK$30.8 Million From Rights Issue; Shares Jump 14%
gaodi holdings (01676.HK) premium of 37.9% for "2-for-1" raised a maximum of 30.8 million yuan.
Gaodi Holdings (01676.HK) announced a proposed 2-for-1 bonus issue, issuing 77.005 million shares; the offer price is 0.4 yuan, a premium of 37.93% over the previous trading day (18th). It aims to raise up to 30.8 million yuan, with a net amount of 29.6 million yuan to be used for the existing food business, dining business enterprise development; and general operational funds.
Gaodi Holdings (01676.HK) plans a 2-for-1 rights issue.
Gaodi Holdings (01676.HK) announced on October 18th that the company plans to raise up to 30.8 million Hong Kong dollars (excluding expenses) by offering new shares to shareholders. The offering, without underwriting, involves issuing a maximum of 77.005 million new shares at 0.40 Hong Kong dollars per share. For every two existing shares held on the record date, shareholders will be entitled to subscribe for one new share. The net proceeds from the offering are intended to be used as follows: (i) around 40% of the net proceeds will be used for goods procurement/deposits, marketing and advertising expenses, and the existing food business of the group.
gaodi holdings (01676.HK) reported a full-year loss of RMB 79.93 million.
Gaodi Holdings (01676.HK) announced its financial performance for the fiscal year ending in June, with revenue recorded at 0.355 billion RMB (same below). A loss of 79.93 million yuan, with a loss per share of 59.87 cents. No final dividend will be distributed. For the 18-month fiscal year ending in June 2023, the company achieved revenue of 0.53 billion yuan. A loss of 0.151 billion yuan was recorded.
Gaodi's Full-Year Loss Shrinks
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