Smart Fish (00139) Plans Share Placement at 11% Discount to Raise Up to HK$50 Million
Stock News
Sep 26
Smart Fish (00139) announced on September 26, 2025, that the company plans to place up to approximately 205 million placement shares to no fewer than six placees through a placing agent. The placement price is set at HK$0.25 per placement share, representing a discount of approximately 11% compared to the closing price of HK$0.280 per share on the Stock Exchange on September 26, 2025.
Assuming all placement shares are fully placed, the company expects to raise net proceeds of approximately HK$50 million, which will be used to repay the group's debts and serve as general working capital for the group.
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