REPT BATTERO Seeks to Generate HKD794M Net via 11.7% Discounted Share Placement
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 31 2025
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Source: aastocks
Share Placement Announcement: REPT BATTERO has announced the placement of 60 million shares at HKD13.35 each, representing approximately 6.42% of enlarged issued H-shares and 2.57% of total issued shares, at an 11.65% discount to the previous closing price.
Use of Proceeds: The company anticipates net proceeds of around HKD794 million from the placement, with 85% allocated for constructing new production facilities and expanding existing capacity, and 15% for working capital.
Analyst Views on 00666
Wall Street analysts forecast 00666 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00666 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 12.550
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
