CHINA IN-TECH (00464) completed the issuance of 60 million shares, raising approximately HK$6 million net.

CHINA IN-TECH (00464) announcement, all subscription conditions were reached on November 18, 2024 and the subscription was completed on November 19, 2024. According to the subscription agreement, the company has issued and distributed 60 million subscription shares to subscribers at a subscription price of HK$0.100 per share in accordance with the general mandate on the date of this announcement, representing approximately 10.12% of the enlarged issued share capital of the company. The net proceeds from the subscription amount to approximately HK$6 million.