FilingReader Intelligence

XJ International revises rights issue after shareholder concerns

July 30, 2025 at 02:09 PM UTC•By FilingReader AI

XJ International Holdings terminated its original rights issue due to shareholder feedback and announced a revised proposal.

The new non-underwritten rights issue offers one share for every 12 existing shares at HK$0.2 per share, expected to raise HK$137.08m gross proceeds. The funds will redeem outstanding convertible bonds.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

Primary Source Document

(I) TERMINATION OF THE RIGHTS ISSUE PROPOSED ON 10 JULY 2025; AND (II) REVISED PROPOSED RIGHTS ISSUE ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY TWELVE (12) EXISTING SHARES HELD ON THE RECORD DATE ON A NON-UNDERWRITTEN BASIS WITHOUT THE NEED FOR THE WHITEWASH WAIVERJuly 30, 2025 at 02:00 PM UTC

Hope Education Group

HKEX:1765•Hong Kong Exchange

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