baocasinonodepositbonus| MiG International Holdings plans to discount approximately 14.6% rights issue, with a maximum net raise of approximately HK$19.3 million

MiG International Holdings (01247) announced that on May 8, 2024, the company plans to place up to 2,833 sharesbaocasinonodepositbonus.92 million shares, accounting for the company's expandedbaocasinonodepositbonusThe issued share capital of the company is approximately 15.19%. The placing price was HK$0.70 per placing share, a discount of approximately 14.6% to the closing price of HK$0.82 per share on May 8.

baocasinonodepositbonus| MiG International Holdings plans to discount approximately 14.6% rights issue, with a maximum net raise of approximately HK.3 million

Assuming that the cap number of 28.3392 million placing shares have been placed, the net proceeds that the Company will receive from the placing will be approximately HK$19.3 million. It is expected that the net proceeds will be used to further develop the Group's supply chain management business.