ZTHC (00994.HK): Completes Placing of 150 Million New Shares with Net Proceeds of Approximately HK$53 Million

NewTimeSpace News: On June 17, 2026, ZTHC (00994.HK) issued an announcement stating that all conditions under the placing agreement have been satisfied, and the placing was completed on the same day. The placing agent has successfully placed an aggregate of 150 million new shares at the placing price of HK$0.36 per share.

As disclosed in the announcement, the net proceeds from the placing amount to approximately HK$53 million. The Company intends to allocate around HK$33 million for the development of its renewable energy business and roughly HK$20 million to expand its aerospace business.

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