Min Fu International to Place 5,182,000 Shares at HKD 0.66 Each

Reuters
03/23
Min Fu International to Place 5,182,000 Shares at HKD 0.66 Each
  • Min Fu entered a placing agreement to issue up to 5,182,000 new shares at HKD 0.66 per share.
  • The shares are expected to be placed to at least six investors, with gross proceeds estimated at HKD 3.4 million.
  • Net proceeds are estimated at HKD 3.2 million, and are intended for general working capital.
  • The placing shares represent about 20% of existing issued shares and about 16.66% of the enlarged share capital.
  • A fixed placing commission of HKD 200,000 is payable to Yuet Sheung International Securities.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Min Fu International Holding Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260323-12063402), on March 23, 2026, and is solely responsible for the information contained therein.

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