K. H. Group Holdings Limited Outlines Future Allocation of Unutilised Net Proceeds for Business Development, General Working Capital, and Bank Loan Repayment

Reuters
Oct 16
<a href="https://laohu8.com/S/TKKD.SI">K</a>. H. Group Holdings Limited Outlines Future Allocation of Unutilised Net Proceeds for Business Development, General Working Capital, and Bank Loan Repayment

K. H. Group Holdings Limited has announced its strategic allocation of unutilised net proceeds as of 31 March 2025. The Group plans to devote HK$9.6 million to business development opportunities, specifically to further develop and extend its construction business. Additionally, HK$14 million has been allocated to general working capital, with an expected utilisation timeline extending to the end of 2025. The Group has also earmarked HK$12.5 million for the repayment of bank borrowings. These allocations are intended to support the Group's ongoing operations and future expansion.

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