Acme International Holdings Ltd. Announces New Share Issue Under Specific Mandate Following Significant Shareholding Change

Reuters
18 May
Acme International Holdings Ltd. Announces New Share Issue Under Specific Mandate Following Significant Shareholding Change

Acme International Holdings Ltd. has announced a supplemental subscription agreement for the issuance of new shares under a specific mandate. This follows a previous announcement made in March 2025 concerning the subscription. The company's Executive Chairman, Kwan Kam Tim, stated that a circular providing further details of the subscription and related transactions will be dispatched to shareholders shortly. The intention behind the share issue is to attract potential investors amid a decrease in share prices, as well as to meet ongoing financial needs. The company successfully completed a placing on April 8, 2025, after expressing interest in additional funding.

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. Acme International Holdings Ltd. published the original content used to generate this news brief on May 18, 2025, and is solely responsible for the information contained therein.

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