KNT HOLDINGS (01025) offers a discount of about 4.31% to sell up to 80.87 million shares, with a maximum net proceeds of about 152.9 million Hong Kong dollars.

KNT HOLDINGS (01025) announced that on June 18, 2026, the company entered into a placing agreement with the placing agent. The company intends to place a maximum of 80.8735 million shares at a placing price of HK$0.20 per share to a minimum of 6 placees through the placing agent. The shares will be issued and allotted under the general mandate. The maximum of 80.8735 million shares under the placing represents approximately 16.67% of the enlarged issued share capital after the placing. The placing price of HK$0.20 per share represents a discount of approximately 4.31% to the closing price of HK$0.209 per share on the date of the placing agreement. The estimated net proceeds from the placing will be approximately HK$152.9 million, with a net price per share of approximately HK$0.189. The company intends to use the entire net proceeds from the placing for the general working capital of the group.