Tiancheng Holdings (02110.HK) completed the placement of 60 million shares, raising approximately 69.3 million Hong Kong dollars.
China Fortune Financial News App, Tiancheng Holdings (02110.HK) announced that all the conditions precedent under the placing agreement have been met, and the placement matters were completed on November 21, 2025, in accordance with the terms and conditions of the placing agreement. The placing agent successfully placed 60 million shares of placement shares, representing approximately 16.67% of the Company's enlarged issued share capital following the completion. According to the terms and conditions of the placing agreement, the 60 million placement shares were placed at a revised placing price of HK$0.121 per share to not less than six independent placing agents.
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