Hao Tian International Construction Investment Group Ltd. has announced a private placement involving the issuance of up to 1,524,224,000 new shares under a general mandate. The shares will be placed at a price of HK$0.20 per share through Hao Tian International Securities Limited, the Placing Agent, on a best efforts basis. This move represents approximately 19.68% of the company's existing issued share capital, amounting to 7,746,152,835 shares, and approximately 16.44% of the share capital following the allotment. The placement aims to attract a minimum of six independent professional, institutional, and/or individual investors.
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