Century Group International (02113) plans to issue a total of 161 million subscription shares at a discount of approximately 19.4% to raise about HK$43.3 million

According to Zhitong Finance App News, Century Group International (02113) announced that on September 2, 2026, the Company will enter into a subscription agreement with such subscribers. According to this, the Company will distribute and distribute according to the subscription price, and each subscriber will subscribe for 40.237,500 shares. These subscribers will jointly subscribe for a total of 161 million subscribed shares.

The subscribed shares are equivalent to (i) 20.0% of the Company's issued share capital at the date of this announcement; and (ii) approximately 16.7% of the Company's issued share capital expanded by allocating and issuing subscribed shares. The total face value of the subscribed shares was HK$1,609,500.

The subscription price is HK$0.27 per subscription share, which is approximately 19.4% off from: (i) the closing price of HK$0.335 per share on the last trading day; and (ii) approximately 37.3% of the average closing price of HK$0.196 per share reported on the last five consecutive trading days prior to the date of the subscription agreement.

The total proceeds from the subscription are expected to be approximately HK$43.6 million (based on the subscription price of HK$0.27 per subscription share). The net proceeds from the subscription process (after deducting relevant professional fees and related expenses) are expected to be approximately HK$43.3 million, while the net subscription price for each subscribed share will be approximately HK$0.269. The Company intends to use the net proceeds from the subscription for business development and general working capital.