Chenghui International announced that it plans to place up to 119 million new shares at HK$0.209 per share. The number of subscribers is not less than six, accounting for about 20.00% of the company's current issued share capital. The total proceeds from the placement will be approximately HK$24.8 million, with a net amount of approximately HK$24 million. It is proposed to use 41.7% for Group employee salaries, 20.8% for partial repayment of Bank of China loans, 20.8% for professional expenses, and 16.7% for the Group's general working capital.

Chenghui International announced that it plans to place up to 119 million new shares at HK$0.209 per share. The number of subscribers is not less than six, accounting for about 20.00% of the company's current issued share capital. The total proceeds from the placement will be approximately HK$24.8 million, with a net amount of approximately HK$24 million. It is proposed to use 41.7% for Group employee salaries, 20.8% for partial repayment of Bank of China loans, 20.8% for professional expenses, and 16.7% for the Group's general working capital.