Min Fu International Holding Limited confirmed an updated breakdown for the net proceeds from its March 2026 share placing under general mandate. The company now expects to allocate approximately HK$1.53 million to legal and professional fees, HK$1.37 million to staff salaries and related costs, and HK$0.27 million to other corporate expenses.
The placement remains subject to conditions set out in the Placing Agreement; completion is therefore not assured. Shareholders and potential investors are advised to exercise caution when dealing in the company’s securities.