Jolimark Holdings (02028.HK): Completes Placing of New Shares Under General Mandate, Net Proceeds of Approximately HK$86.4 Million Raised

NewTimeSpace News: Jolimark Holdings announced on 14 July that the placing has been completed. The placing agent successfully placed an aggregate of 122,576,300 new shares to no less than six placees at a placing price of HK$0.72 per share, generating net proceeds of around HK$86.4 million.

NewTimeSpace News: On 14 July 2026, Jolimark Holdings (02028.HK) issued an announcement that the share placing was fully completed on 14 July. The placing agent allotted a total of 122,576,300 new shares to no fewer than six placees at the placing price of HK$0.72 per share.

Upon completion of the placing, the net proceeds of approximately HK$86.4 million are intended to cover staff salaries and benefits, daily operating procurement costs and repayment of bank borrowings.

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