Yimei International Holdings (01870.HK): Termination of the placement of new shares under the general mandate.
Zhitong Finance APP News, Yimei International Holdings (01870.HK) announced that it plans to place a maximum of 50 million shares. Based on market conditions, the company and the placement agent have mutually agreed to terminate the placement agreement, effective immediately. A termination deed was executed on August 5, 2026, according to which the placement agreement will be immediately terminated and will no longer be effective. Furthermore, notwithstanding any other provisions of the placement agreement, all parties shall fully release and discharge the other party from all past, present, and future duties, obligations, and liabilities under the placement agreement.
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