Guangdong Harbour Holdings (01396) plans to discount about 3.51% and issue 34.1818 million shares to raise about HK$187.6 million

According to Zhitong Finance App, Guangdong Harbour Holdings (01396) announced that on December 4, 2025, the company plans to distribute and issue a total of 34.1818 million shares to subscribers (CMBI PRIVATE EQUITY SERIES SPC, Dingsheng Co., Ltd.), accounting for about 2.95% of the total issued share capital of the company's expanded allocation and issuance of subscription shares. The subscription price was HK$5.5 per subscription share, a discount of approximately 3.51% from the closing price of HK$5.7 per share on December 4. The total proceeds from the subscription process will be approximately HK$188 million, while the net proceeds will be approximately HK$187.6 million. The board of directors plans to use the net proceeds from the subscription to the Group's general working capital. Specifically, about 70% is intended to be used to deliver AI computing power cloud service projects; about 20% is intended to pay for project construction; and about 10% is intended to be used for daily operating expenses.