CN INT DEV CORP (00264) completed the issuance of a total of 15 million shares of allocated shares.

CN INT DEV CORP (00264) announced that all conditions set out in the placement agreement have been met and the placement was completed on September 17, 2025. A total of 15 million shares were successfully placed at a price of HK$1.42 per share to no less than 6 placees. These placed shares represent approximately 3.47% of the company's existing issued share capital of 4.32 billion shares just before the placement was completed, and approximately 3.36% of the company's issued share capital after the placement. The net issuance price per placed share (after deducting placement commission, professional fees, and all related expenses) is approximately HK$1.39 per share. The net proceeds from the placement are approximately HK$20.8 million.