According to the Zhitong Finance App, Life Insurance (08079.HK) issued an announcement. The company proposed implementing a share offering. The benchmark is to issue 3 shares for every 1 share held on the record date, issue 112 million shares to eligible shareholders at the subscription price of HK$0.22 per share, and raise approximately HK$24.64 million (before deducting expenses). The net proceeds from the offering (after deducting expenses) are estimated to be approximately HK$23 million, which is equivalent to a net subscription price of approximately HK$0.21 per share offered.

According to the Zhitong Finance App, Life Insurance (08079.HK) issued an announcement. The company proposed implementing a share offering. The benchmark is to issue 3 shares for every 1 share held on the record date, issue 112 million shares to eligible shareholders at the subscription price of HK$0.22 per share, and raise approximately HK$24.64 million (before deducting expenses). The net proceeds from the share offering (after deducting expenses) are estimated to be approximately HK$23 million, which is equivalent to a net subscription price of approximately HK$0.21 per share offered.