XJ INTL HLDGS: 445 Million Rights Shares Validly Accepted in Total

Deep News
Sep 08

XJ INTL HLDGS (01765) announced that as of the record date, the total number of issued shares was 8.225 billion shares, while the maximum number of rights shares to be issued under the rights offering was 685 million shares.

The board of directors announced that as of 4:00 p.m. on Thursday, September 4, 2025 (being the latest time for acceptance), a total of 15 valid acceptances had been received, involving an aggregate of 445 million rights shares, representing approximately 64.9% of all rights shares. Consequently, the rights offering was undersubscribed by 241 million rights shares, representing approximately 35.1% of all rights shares, which will be subject to underwriting arrangements.

Under irrevocable undertakings, Hope Education Investment Limited, Tequ Group (Hong Kong) Limited, and Maysunshine Holdings Limited have respectively subscribed for 310 million rights shares, 3.5202 million rights shares, and 7.4675 million rights shares.

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