JTF International Holdings (09689.HK): Completes Placing of 186 Million New Shares
NewTimeSpace News: On 5 August 2026,JTF International Holdings(09689.HK) announced that all conditions set out in the placing agreement have been fulfilled and the placing was completed on 5 August 2026. A total of 186 million placing shares have been successfully placed to no less than six placees at a placing price of HK$0.69 per share. After deducting relevant expenses, the net proceeds amount to approximately HK$125.6 million.
The announcement disclosed that upon completion of the placing, the Company’s issued share capital has expanded from 930 million shares to 1.116 billion shares. The shareholding percentage of controlling shareholder Hing Ming Limited was diluted from 51.63% to 43.02%, whilst the shareholding of other public shareholders was diluted from 48.37% to 40.31%.
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