<p>KINGLAND GROUP (01751.HK) announced the placement of up to 48.384 million new shares, equivalent to an enlarged share capital of 16.67%; the placement price is HKD 1.481, representing a discount of 19.95% compared to the last trading day (12th). The total fundraising amount is HKD 71.66 million, with a net amount of HKD 70.76 million, intended for the expansion and development of construction and engineering businesses in mainland China; to support the development of energy construction projects for overseas intelligent computing centers; and to supplement general working capital</p>

01751

<p>KINGLAND GROUP announced the placement of up to 48.384 million new shares, equivalent to 16.67% of the enlarged share capital; the placement price is HKD 1.481, representing a discount of 19.95% compared to the last trading day (12th). The total fundraising amount is HKD 71.66 million, with a net amount of HKD 70.76 million, intended for the expansion and development of construction and engineering businesses in mainland China; to support the development of energy construction projects for overseas intelligent computing centers; and to supplement general working capital</p>

KINGLAND GROUP offers a 19.95% discount on its placement, netting CNY 70.76 million