Pacific Legend Group Ltd. has announced a private placement of new shares under a general mandate. The move, facilitated by Mango Financial Limited as the placing agent, aims to enlarge the company's shareholder base, enhance share liquidity, and provide additional working capital without incurring interest burdens. The company believes that the terms of the placing agreement, including pricing and commission, are fair and in the best interest of shareholders. The placement is part of the company's efforts to raise funds efficiently and cost-effectively.