JTF INTL (09689) has announced that all conditions outlined in the placement agreement have been satisfied, with the transaction officially completed on August 5, 2026. A total of 186 million placement shares, which represent 20% of the company's issued share capital immediately before the completion and approximately 16.67% of the enlarged issued share capital after the allotment and issuance of these shares, have been successfully placed to no fewer than six placees at a price of HK$0.69 per share.

Based on all reasonable inquiries made by the directors and to the best of their knowledge, information, and belief, the placees and their ultimate beneficial owners are all independent third parties. Following the completion of the placement, none of the placees or their respective associates have become major shareholders of the company. After deducting all relevant expenses associated with the placement, including but not limited to placement commissions, legal fees, and advance expenses, the net proceeds raised amount to approximately HK$126 million.