Hao Tian International Construction Raises HK$29.4 Million Through Share Placement

Reuters12-10

Hao Tian International Construction Raises HK$29.4 Million Through Share Placement

Hao Tian International Construction Investment Group Ltd. has completed a placing of 249,224,000 new shares under a general mandate. The shares, representing approximately 2.25% of the company's enlarged issued share capital, were allotted to not less than six independent placees at a price of HK$0.118 per share. The gross proceeds from the placing amount to HK$29.4 million, with estimated net proceeds of approximately HK$28.7 million after expenses. The company intends to use the net proceeds for the expansion of the margin financing business of its Licensed Corporation.

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. Hao Tian International Construction Investment Group 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-20251210-11951499), on December 10, 2025, and is solely responsible for the information contained therein.

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