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China Wood International launches 1-for-1 rights issue at HK$ 0.08 per share

PUBT·08/13/2026 22:03:28
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China Wood International launches 1-for-1 rights issue at HK$ 0.08 per share
  • China Wood launched a 1-for-1 non-underwritten rights issue of up to 986,898,680 shares at HK$ 0.08 each.
  • Nil-paid rights trading runs Aug. 18 to Aug. 25, 2026; subscription deadline set for 4 p.m. on Aug. 28, 2026.
  • Unsubscribed rights will be placed to independent investors under compensatory arrangements; any shares not placed will not be issued.
  • Gross proceeds could reach about HK$ 76 million; net proceeds about HK$ 74 million, mainly earmarked for food-and-beverage R&D and working capital.
  • Fully paid rights shares are scheduled to start trading on Sept. 16, 2026, subject to conditions being met by Sept. 9, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Wood International Holding Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260814-12283727), on August 13, 2026, and is solely responsible for the information contained therein.