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01549 EVER HARVEST GP
RTNominal unchange0.140 0.000 (0.000%)
Others

15/09/2021 11:36

Ever Harvest (01549) to raise HK$11.55 million

[ET Net News Agency, 15 September 2021] Ever Harvest Group Holdings Limited (01549)
said Ever Winning Investment Company Limited (the vendor) and the company have entered
into the agreement with the placing agent pursuant to which the vendor has conditionally
agreed to appoint the placing agent (to the exclusion of all others), and the placing
agent has conditionally agreed to procure independent placees (or itself as principal) on
a best effort basis to purchase a total of 50,000,000 placing shares at the placing price
of HK$0.231 per placing share.
Pursuant to the agreement, the vendor has conditionally agreed to subscribe for, and the
company has conditionally agreed to allot and issue to the vendor, subscription shares
equivalent to the number of placing shares at the subscription price (being the same as
the placing price).
The net proceeds from the subscription are estimated to be approximately HK$10.1
million. The company intends to apply the net proceeds for (i) the repayment of its
existing borrowings; and (ii) general working capital of the group. (RC)

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