Acme International Holdings Ltd. has announced the completion of a placing of 30 million new shares under its general mandate. Following the placing, the total number of issued shares increased from 987,170,000 to 1,017,170,000. The new shares were placed with independent third-party investors, representing approximately 2.95% of the enlarged issued share capital. The shareholding of existing public shareholders was reduced from 63.01% to 61.15% as a result. The company confirmed that neither of the placees are core connected persons under the Hong Kong Listing Rules.
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