Simplicity Holding Ltd. Completes Private Placement, Issuing 13.8 Million New Shares Under General Mandate

Reuters10-05

Simplicity Holding Ltd. Completes Private Placement, Issuing 13.8 Million New Shares Under General Mandate

Simplicity Holding Limited has announced the successful completion of a placing of 13,800,000 new shares under a new general mandate. The shares were issued to not less than six placees at the placing price, following the fulfillment of all conditions precedent in the Placing Agreement. The transaction was approved by the Board, with executive directors Choi Pun Lap and Leung Wai Tai, and independent non-executive directors Lo Cheuk Fei Jeffrey, Cheung Hiu Fung, and Ip Sin Nam overseeing the process. The company has confirmed that all information provided is accurate and complete in accordance with regulatory requirements.

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 October 05, 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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