Nov 01, 2021 06:59 AM (GMT+8) · EqualOcean
Financial Associated Press, November 1, BYD announced on the Hong Kong stock exchange that the company and the placement agent entered into a placement agreement on October 29, 2021 (after market closing time), and the company will issue 50000000 new H shares with a par value of RMB 1.00 per share in the company's registered capital. The allotment price per allotment share is HK $276.0. The net proceeds from the placement after deducting commissions and estimated expenses are expected to be approximately HK $13744 million.