Takayama Enterprise (00616) plans to sell up to 20 million shares at a discount of about 10.45%

According to Zhitong Finance App, Takayama Enterprise (00616) announced that on December 9, 2025, the company plans to place up to 20 million shares, which is equivalent to about 1.19% of the company's issued share capital after allotting and expanding the distributed shares. The placement price for each share placed was HK$0.30, a discount of approximately 10.45% from the closing price of HK$0.335 on December 9. The net proceeds from the capital raising per share after completion will be approximately HK$0.297 per share. It is anticipated that the net proceeds from the placement will be used as the Group's general working capital.