IDT International Limited (Stock Code: 167) entered into a placing agreement with Ruibang Securities Limited on 13 February 2026 to issue up to 86.67 million new shares at HK$1.88 each. The pricing reflects a 19.66% discount to the closing price of HK$2.34 on the same day. The placement will be conducted on a best-effort basis and is expected to enlarge the company’s issued share capital by approximately 16.67%.

The gross proceeds from the placement stand at HK$162.93 million, with estimated net proceeds of HK$160.70 million after deducting relevant expenses. About 50.00% of the net proceeds is earmarked for potential future investments, while the remaining 50.00% is intended for general working capital. These new shares will be issued under the existing general mandate, and the company will seek necessary approvals for listing and dealing in the new shares on the Stock Exchange. Completion remains subject to customary conditions outlined in the placing agreement.