Jihui Holdings (08027) plans to discount about 13.8% of shares according to the “1 to 2” basis to raise a maximum net of HK$45.6 million

Zhitong Finance App News, Jihui Holdings (08027) announced that the board of directors proposed changing the trading unit for each lot traded on the Stock Exchange from 5,000 shares to 10,000 shares, with effect from September 7, 2026 (Monday).

In addition, the company plans to raise up to HK$47.4 million (before deducting expenses) according to the benchmark of two shares being issued for each share held by eligible shareholders at a subscription price of HK$0.10 for each share held on or before the record date (assuming that there is no change in the company's issued share capital on or before the record date). The share offering is carried out on a non-underwriting basis, and shareholders other than those (if any) are not allowed to participate.

If fully subscribed, the estimated net proceeds from the share offering will be up to HK$45.6 million, approximately HK$18 million to expand and operate the signage business, which is expected to be fully utilized by the end of 2027; approximately HK$18 million to expand and operate the decoration and renovation services business, which is expected to be fully utilized by the end of 2027; and approximately HK$9.6 million will be used as the Group's general working capital, including but not limited to staff costs, rent costs and professional expenses, which are expected to be fully utilized within 12 months after completion of the share offering.