Eminence Enterprise Proposes Extensive Rights Issue

Eminence Enterprise Limited (HK:0616) has released an update.

Eminence Enterprise Limited is planning to raise approximately HK$62.2 million through a proposed rights issue, offering two rights shares for every existing share held by qualifying shareholders. The rights issue, which is non-underwritten and does not have a minimum subscription level, will potentially increase the company’s share capital by 200%. Shareholders must be registered by December 4, 2024, to qualify for this offer.

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