KNT Holdings Completes Share Placement to Bolster Finances

KNT Holdings Limited (HK:1025) has released an update.

KNT Holdings Limited has successfully completed a placement of 168,486,000 new shares, generating net proceeds of approximately HK$4.9 million. These funds are earmarked for general working capital and loan repayments. The placement represents about 16.67% of the company’s issued share capital, reflecting a strategic move to strengthen its financial position.

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