Results of the rights issue on the basis of three (3) rights shares for every one (1) share held at the close of business on the record date on a non-underwritten basis and adjustment to the outstanding share options

Summary by 6ix AI

Hong Kong Entertainment International Holdings Limited has announced the results of its rights issue, which involved offering three rights shares for every one share held on a non-underwritten basis. The company successfully placed all unallocated rights shares to independent parties, resulting in full subscription of the rights issue. Gross proceeds from the rights issue are intended for repayment of bond payables, borrowings, and general working capital. Adjustments to outstanding share options will take effect following the rights issue completion. Dealings in the fully-paid rights shares are expected to commence shortly after the issuance.

Written by 6ix AI from the company’s filing. How 6ix writes summaries