Tian Tu Capital Co., Ltd. Class H (HK:1973) has released an update.
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Tian Tu Capital Co., Ltd. has announced a re-allocation of the unutilized net proceeds from its Global Offering, amounting to approximately RMB354.6 million, following adjustments to the actual issuance cost. The Board has outlined a new expected timeline for utilizing these funds by the end of 2025, focusing on private equity fund management, direct investment business, and general corporate purposes. Shareholder approval is required for these changes to proceed.
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