FAR International Holdings Group Raises HK$69.62 Million Through Share Placement

Reuters11-20

FAR International Holdings Group Raises HK$69.62 Million Through Share Placement

FAR International Holdings Group Co. Ltd. has announced the completion of a placing of 156,000,000 new shares under its general mandate. The shares were placed at HK$0.455 per share through DL Securities (HK) Limited to not fewer than six independent investors, representing approximately 16.67% of the company's enlarged issued share capital. The net proceeds from the placing, amounting to around HK$69.62 million, will be used primarily to strengthen the development of the company's existing logistics business, including warehouse expansion, with the remainder allocated for general working capital. None of the placees has become a substantial shareholder as a result of the transaction.

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. FAR International Holdings Group Co. Ltd. published the original content used to generate this news brief on November 20, 2025, and is solely responsible for the information contained therein.

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The shares were placed at HK$0.455 per share through DL Securities (HK) Limited to not fewer than six independent investors, representing approximately 16.67% of the company's enlarged issued share capital. The net proceeds from the placing, amounting to around HK$69.62 million, will be used primarily to strengthen the development of the company's existing logistics business, including warehouse expansion, with the remainder allocated for general working capital. <a href=\"https://laohu8.com/S/HODU\">None</a> of the placees has become a substantial shareholder as a result of the transaction.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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Ltd. has announced the completion of a placing of 156,000,000 new shares under its general mandate. The shares were placed at HK$0.455 per share through DL Securities (HK) Limited to not fewer than six independent investors, representing approximately 16.67% of the company's enlarged issued share capital. The net proceeds from the placing, amounting to around HK$69.62 million, will be used primarily to strengthen the development of the company's existing logistics business, including warehouse expansion, with the remainder allocated for general working capital. <a href=\"https://laohu8.com/S/HODU\">None</a> of the placees has become a substantial shareholder as a result of the transaction.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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. FAR International Holdings Group Co. Ltd. published the original content used to generate this news brief on November 20, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1138","symbol_name":"综合性资本市场","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251120:nNDLb3y0b2:1","article_id":"2584133045","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2584133045","pubTimestamp":1763637966,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"FAR International Holdings Group Co. Ltd. has announced the completion of a placing of 156,000,000 new shares under its general mandate. The shares were placed at HK$0.455 per share through DL Securities  Limited to not fewer than six independent investors, representing approximately 16.67% of the company's enlarged issued share capital. The net proceeds from the placing, amounting to around HK$69.62 million, will be used primarily to strengthen the development of the company's existing logistics business, including warehouse expansion, with the remainder allocated for general working capital. None of the placees has become a substantial shareholder as a result of the transaction.Disclaimer: This news brief was created by Public Technologies  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. FAR Inte","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1138":"综合性资本市场","BK1151":"航空货运与物流","02516":"泛远国际","01709":"德林控股"},"translate_title":"远国际控股集团配股募资6962万港元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02516":0.9,"01709":0.9},"content_text":"FAR International Holdings Group Raises HK$69.62 Million Through Share Placement\n    \n\n        FAR International Holdings Group Co. Ltd. has announced the completion of a placing of 156,000,000 new shares under its general mandate. The shares were placed at HK$0.455 per share through DL Securities (HK) Limited to not fewer than six independent investors, representing approximately 16.67% of the company's enlarged issued share capital. The net proceeds from the placing, amounting to around HK$69.62 million, will be used primarily to strengthen the development of the company's existing logistics business, including warehouse expansion, with the remainder allocated for general working capital. None of the placees has become a substantial shareholder as a result of the transaction.\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. FAR International Holdings Group Co. 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