CH FIN LEASING plans to issue approximately 69.3795 million subscription shares at a discount of about 2.34%, raising approximately HKD 86.4744 million net
CH FIN LEASING announced that it will issue 69,379,500 subscription shares on October 5, 2025, with a subscription price of HKD 1.25 per share, representing a discount of approximately 2.34% compared to the closing price on October 3. This subscription is expected to raise approximately HKD 86,724,400, with a net raise of about HKD 86,474,400. The subscription shares will account for approximately 20% of the total issued shares
According to the announcement from China Financial Leasing (02312), on October 5, 2025, the subscriber entered into a subscription agreement with the company, under which the subscriber conditionally agreed to subscribe, and the company conditionally agreed to allocate and issue 69,379,500 subscription shares at a subscription price of HKD 1.25 per subscription share.
As of the date of this announcement, the company has issued 347 million shares. The subscription shares account for: (i) approximately 20% of the total number of shares issued as of the date of this announcement; and (ii) approximately 16.67% of the total number of shares issued after the allocation and issuance of subscription shares, assuming there are no other changes in the company's issued share capital from the date of this announcement to the completion date.
The subscription price of HKD 1.25 per subscription share represents a discount of approximately 2.34% compared to the closing price of HKD 1.28 per share reported on the Stock Exchange on October 3, 2025 (the trading day immediately preceding the date of the subscription agreement).
The expected total amount of funds raised from the subscription and the net amount of funds raised are approximately HKD 86.7244 million and HKD 86.4744 million, respectively
