Jiading International Group Issues Clarification on Recent Share Placing Announcement

Reuters

Jul 21

Jiading International Group Issues Clarification on Recent Share Placing Announcement

Jiading International Group Holdings Limited has issued a supplemental announcement to clarify the details of its recent equity fund-raising activities. The company confirmed that net proceeds from a rights issue announced on June 28, 2024, amounted to HK$25.8 million. The funds were allocated for debt repayment, working capital for the advertising business, and expansion of the healthcare products business. The clarification ensures transparency regarding the use of proceeds from the share placement under a general mandate, initially announced on July 18, 2025.

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. Jiading International Group Holdings Limited published the original content used to generate this news brief on July 21, 2025, and is solely responsible for the information contained therein.

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Jiading International Group Holdings Limited published the original content used to generate this news brief on July 21, 2025, an","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1120":"有线和卫星","BK1137":"广告","08153":"嘉鼎国际集团"},"translate_title":"嘉定国际集团就近期股份配售公告发出澄清","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"08153":0.9},"content_text":"Jiading International Group Issues Clarification on Recent Share Placing Announcement\n    \n\n        Jiading International Group Holdings Limited has issued a supplemental announcement to clarify the details of its recent equity fund-raising activities. The company confirmed that net proceeds from a rights issue announced on June 28, 2024, amounted to HK$25.8 million. The funds were allocated for debt repayment, working capital for the advertising business, and expansion of the healthcare products business. The clarification ensures transparency regarding the use of proceeds from the share placement under a general mandate, initially announced on July 18, 2025.\n      \n\nDisclaimer: 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. Jiading International Group Holdings Limited published the original content used to generate this news brief on July 21, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}