Volcano City International Holdings (01715.HK): 208 million unsubscribed shares have been successfully placed.

Zhtng Cijng APP news, Volcano City International Holdings (01715.HK) announced that on June 12, 2025 (Thursday) at 4:00 pm (the deadline for the last sale of shares by the placement agent), 208 million shares of unsubscribed shares have been successfully placed at a price of HK$0.25 per share (equivalent to the subscription price) to 13 independent placing agents in accordance with the placement arrangements. Therefore, there is no net income available to be distributed to non-participating shareholders based on the compensation arrangement.