China International Holdings (08118) plans to discount 14.04% of the allotment of shares with a maximum net raise of about HK$4.83 million

According to the Zhitong Finance App, China International Holdings (08118) announced that on September 11, 2026, the company entered into a placement agreement with the placement agent to place up to 100 million shares, HK$0.049 per share, at a discount of 14.04% from the closing price of HK$0.057 per share to no less than six beneficiaries through the placement agent. Assuming that all of the shares placed are fully placed, the net raise from the placement is approximately HK$4.83 million, which is to be used as the Group's general working capital.