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The resumption of trading Crownicorp (00727.HK) clarified that the issue price should be 0.088 yuan. Resumption of trading in the afternoon.
Crownicorp (00727.HK) resumed trading in the afternoon. The company announced a proposal for a 2-for-1 rights issue. Due to an inadvertent clerical error, the subscription price for the rights issue should be 0.088 yuan, not the previously announced 0.09 yuan. The subscription price is the same as the closing price yesterday (9th). As for the maximum proceeds and net amount of the rights issue, it should be approximately 0.155 billion and 0.151 billion yuan, intended for capital expenditures required for property development projects.
Crownicorp (00727.HK) offers a 2% premium for the rights issue, raising up to 0.159 billion yuan.
Crownicorp (00727.HK) announced a proposed 2-for-1 rights issue, with a maximum of 1.766 billion shares to be issued; the offer price is 0.09 yuan, a premium of 2.27% over the previous trading day (day 9). Raise up to 0.159 billion yuan, with net proceeds of 0.154 billion yuan, intended for the capital expenditure required for property development projects.
The resumption of trading of Crownicorp (00727.HK) and the acquisition agreement for comprehensive health care business has been terminated.
Crownicorp (00727.HK) announced that, after careful consideration, the agreement to acquire 75% equity interest in Zhuhai Minshi Ceramic Valve, a mainland comprehensive health and wellness business, from Xin Chengrun Silver (Shenzhen) Investment Partnership Enterprise has been terminated. Trading of the company's shares has been applied to resume on Thursday (the 5th).
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