Min Fu International Details HK$3.17 Million Placing Proceeds Allocation
Bulletin Express
Mar 25
Min Fu International Holding Limited confirmed an updated breakdown for the net proceeds from its March 2026 share placing under general mandate. The company now expects to allocate approximately HK$1.53 million to legal and professional fees, HK$1.37 million to staff salaries and related costs, and HK$0.27 million to other corporate expenses.
The placement remains subject to conditions set out in the Placing Agreement; completion is therefore not assured. Shareholders and potential investors are advised to exercise caution when dealing in the company’s securities.
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