GUOEN HOLDINGS (08121.HK) plans to conduct a rights issue on the basis of \"1 for 4\", with estimated net proceeds of HKD 40.4 million

NewTimeSpace News: GUOEN HOLDINGS (08121.HK) announced on Jul 10, 2026 that the company proposes to issue up to 120.03 million shares through a rights issue, on the basis of "1 for 4" at a price of HKD 0.36 per rights issue share, at a discount of approximately 24.21% to the closing price of HKD 0.475 per share on the HKEX on the last trading day Jul 10, 2026. The maximum total proceeds from the rights issue are estimated to be about HKD 43.2 million, with net proceeds of approximately HKD 40.4 million.

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