WINTO GROUP (08238) Shareholders Transfer Stocks from Hongzhi Securities to Zhifu Securities with a Value of HKD 2.6401 million

Stock News10-20

According to the latest information from the Hong Kong Stock Exchange, on October 17, shareholders of WINTO GROUP (08238) transferred their stocks from Hongzhi Securities to Zhifu Securities, with the transaction valued at HKD 2.6401 million, accounting for 6.19% of the total. On October 15, WINTO GROUP announced its intention to place a maximum of 17.416 million shares, representing approximately 16.66% of the expanded issued share capital following the placement. The placement price is HKD 0.34, which reflects a discount of about 20% compared to the closing price of HKD 0.425 per share on October 15. The maximum gross proceeds from the placement are estimated to be around HKD 5.92 million, while the net proceeds are expected to be approximately HKD 5.4 million, which will be used for current business operations, development, and general working capital expenditures.

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