IDT International completes HKD 160.68 million share placement raising 17% of issued capital

Reuters03-12

IDT International completes HKD 160.68 million share placement raising 17% of issued capital

IDT International completed a placing of 86.65 million new shares at HKD 1.88 per share. The shares were placed to at least six investors, and the placing shares represented about 17% of issued share capital immediately after completion. Net proceeds were approximately HKD 160.68 million, with HKD 80.34 million allocated to an initiative and HKD 80.34 million for general working capital.

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. IDT International Limited 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-20260312-12049685), on March 12, 2026, and is solely responsible for the information contained therein.

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