Simplicity Holding Ltd. Announces New Share Placement Under General Mandate

Reuters09-15

Simplicity Holding Ltd. Announces New Share Placement Under General Mandate

Simplicity Holding Ltd., incorporated in the Cayman Islands with limited liability, has announced the placement of new shares under a new general mandate. The company has entered into a Placing Agreement with Sunhigh Financial Holdings Limited as the Placing Agent. This initiative aims to offer new shares to prospective shareholders, impacting the current shareholding structure. As a result, Smarty Task Limited's shareholding percentage is expected to decrease from 6.91% to 5.76% after the completion of the placing, assuming all placing shares are fully placed. The executive directors of the company include Mr. Choi Pun Lap and Mr. Leung Wai Tai, while the independent non-executive directors are Mr. Lo Cheuk Fei Jeffrey, Mr. Cheung Hiu Fung, and Ms. Ip Sin Nam.

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. Simplicity Holding Ltd. published the original content used to generate this news brief on September 15, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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