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HORIZONROBOT-W Opens 5%+ Lower, Plans to Raise HKD6.34B Net w/ 5.75% Discounted Shr Placement
Recommend 25 Positive 37 Negative 26 |
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Weighed down by its 5.75% discounted share placement, HORIZONROBOT-W (09660.HK) opened 5.47% lower today (26th) at HKD10.02, with a pre-market trading volume of 647 million shares, involving HKD6.465 billion. HORIZONROBOT-W intends to launch a top-up placement of 639 million shares (around 4.4% of the enlarged share capital) at a price of HKD9.99 per share, about a 5.75% discount to yesterday's (25th) closing price of HKD10.6. The net proceeds are expected to be around HKD6.339 billion. AAStocks Financial News |
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