IMPRO PRECISION (01286.HK) plans to issue up to 60 million shares by placement, with estimated net proceeds of HKD 539 million

NewTimeSpace News, IMPRO PRECISION (01286.HK) announced on May 27, 2026 that the company has entered into a placement agreement with the placement agent on May 27, 2026. According to the agreement, the placing agent conditionally agreed to use its best endeavors to procure placees to subscribe for up to 60 million shares placement, which represent approximately 3.18% of the company's existing issued share capital as of the date of this announcement, and approximately 3.08% after the subscription.

The placement price per share is HKD 9.1. The total proceeds from the placement are estimated to be about HKD 546 million. After deducting the placement commission, professional fees, and all related expenses that the company may incur, the net proceeds from the placement are estimated to be approximately HKD 539 million.

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