ACME INTL HLDGS (01870) Plans Placement of Up to 30 Million Shares to Raise Approximately HK$16.1 Million

Stock News

Dec 09, 2025

ACME INTL HLDGS (01870) announced on December 9, 2025, that the company intends to place up to 30 million shares at HK$0.55 per share through a placing agent to no fewer than six placees. The net proceeds of approximately HK$16.1 million will be allocated as follows: about 40% for developing electricity trading business and other potential green energy projects in China, and approximately 60% for general working capital purposes, including but not limited to professional fees, employee salaries, office rent, utilities, and other expenses.

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