CMON Announces 1-for-3 Rights Issue at Approximately 14.74% Discount

Stock News06-18

CMON (SEHK: 01792) has announced a proposal to issue rights shares on the basis of one new share for every three existing shares held.

The company plans to issue approximately 186 million subscription shares, or 189 million rights shares, at a subscription price of HK$0.81 per share.

This price represents a discount of approximately 14.74% compared to the closing price of HK$0.950 per share on the last trading day prior to the announcement.

The maximum net proceeds expected from the issue are approximately HK$146 million or HK$149 million.

The funds raised are intended to be used for several purposes, including repaying existing debt and borrowings, supporting the expansion of the group's business operations, and providing general working capital.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1126348129?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-18 08:28","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1126348129","market":"sh","top_or_hot":-1,"title":"CMON Announces 1-for-3 Rights Issue at Approximately 14.74% Discount","media":"Stock News","content":"<p><b>CMON</b> (<b>SEHK: 01792</b>) has announced a proposal to issue rights shares on the basis of one new share for every three existing shares held.<br><br>The company plans to issue approximately 186 million subscription shares, or 189 million rights shares, at a subscription price of HK$0.81 per share.<br><br>This price represents a discount of approximately 14.74% compared to the closing price of HK$0.950 per share on the last trading day prior to the announcement.<br><br>The maximum net proceeds expected from the issue are approximately HK$146 million or HK$149 million.<br><br>The funds raised are intended to be used for several purposes, including repaying existing debt and borrowings, supporting the expansion of the group's business operations, and providing general working capital.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CMON Announces 1-for-3 Rights Issue at Approximately 14.74% Discount</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCMON Announces 1-for-3 Rights Issue at Approximately 14.74% Discount\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2026-06-18 08:28</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>CMON</b> (<b>SEHK: 01792</b>) has announced a proposal to issue rights shares on the basis of one new share for every three existing shares held.<br><br>The company plans to issue approximately 186 million subscription shares, or 189 million rights shares, at a subscription price of HK$0.81 per share.<br><br>This price represents a discount of approximately 14.74% compared to the closing price of HK$0.950 per share on the last trading day prior to the announcement.<br><br>The maximum net proceeds expected from the issue are approximately HK$146 million or HK$149 million.<br><br>The funds raised are intended to be used for several purposes, including repaying existing debt and borrowings, supporting the expansion of the group's business operations, and providing general working capital.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1213","symbol_name":"消闲用品","start_time":0,"source_url":"","article_id":"1126348129","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1126348129","pubTimestamp":1781742502,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"CMON (SEHK: 01792) has announced a proposal to issue rights shares on the basis of one new share for every three existing shares held.The company plans to issue approximately 186 million subscription...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1213":"消闲用品","02991":"CMON","01792":"CMON"},"translate_title":"CMON宣布以约14.74%折让进行1送3供股","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01792":1,"02991":1},"content_text":"CMON (SEHK: 01792) has announced a proposal to issue rights shares on the basis of one new share for every three existing shares held.The company plans to issue approximately 186 million subscription shares, or 189 million rights shares, at a subscription price of HK$0.81 per share.This price represents a discount of approximately 14.74% compared to the closing price of HK$0.950 per share on the last trading day prior to the announcement.The maximum net proceeds expected from the issue are approximately HK$146 million or HK$149 million.The funds raised are intended to be used for several purposes, including repaying existing debt and borrowings, supporting the expansion of the group's business operations, and providing general working capital.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"shareholding","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.0","shortVersion":"4.44.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1126348129","isCrawlerRequest":true}