Jiading International Group Holdings Limited has issued a supplemental announcement to clarify the details of its recent equity fund-raising activities. The company confirmed that net proceeds from a rights issue announced on June 28, 2024, amounted to HK$25.8 million. The funds were allocated for debt repayment, working capital for the advertising business, and expansion of the healthcare products business. The clarification ensures transparency regarding the use of proceeds from the share placement under a general mandate, initially announced on July 18, 2025.
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