Planetree Sells Hao Tian Shares to Fund Growth Initiatives

Reuters12-04

Planetree Sells Hao Tian Shares to Fund Growth Initiatives

Planetree International Development Limited has provided an update regarding the disposal of listed securities by its non-wholly owned subsidiary, Planetree (BVI) Capital Limited $(PCL)$. The update clarifies that PCL exchanged 850 new shares for 1.6 billion shares of Hao Tian International Construction Investment Group Limited in a share swap completed on 22 October 2025. Following a significant decline in Hao Tian's share price due to market factors beyond PCL's control, the net proceeds from the disposal, totaling approximately HK$237.9 million, will be used to support PCL's working capital and business development initiatives.

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. Planetree International Development Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251204-11945223), on December 04, 2025, and is solely responsible for the information contained therein.

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