JTF International Holdings Limited (JTF INTL) has completed the placement of 186.00 million new shares under its existing general mandate, satisfying all conditions under the Placing Agreement on 5 August 2026.
The new shares were priced at HK$0.69 each, equal to a 20.00% increase on the pre-placement share base and accounting for 16.67% of the enlarged share capital. Net proceeds stand at HK$125.60 million after deducting placement-related expenses; funds will be applied in line with the previously disclosed purposes.
Post-transaction, total issued shares rose from 930.00 million to 1.12 billion. Thrive Shine Limited’s stake declined from 51.63% to 43.02%, while public float climbed from 48.37% to 56.98%, driven by the introduction of at least six independent placees. No placee became a substantial shareholder as a result of the transaction.