XJ INTL HLDGS (01765): 445 Million Rights Shares Successfully Accepted

Stock News

Sep 05

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

The board of directors announced that by 4:00 PM on Thursday, September 4, 2025 (the final acceptance deadline), a total of 15 valid acceptances were received, covering 445 million rights shares, representing approximately 64.9% of all rights shares available.

Consequently, the rights offering experienced an undersubscription of 241 million rights shares, equivalent to approximately 35.1% of all rights shares, which will be subject to underwriting arrangements.

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

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