JTF International Major Shareholder to Offload 14% Stake via Share Placing

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2026.01.20 13:08
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JTF International Holdings Ltd. announced that its major shareholder, Thrive Era Investments Limited, will sell up to 130,120,000 shares (13.99% of issued capital) at HK$0.44 per share. The sale, expected to complete by January 30, 2026, will result in Thrive Era and its owner, Ms. Xu Yayi, ceasing to be substantial shareholders, although Ms. Xu will remain an executive director. The board anticipates no adverse impact on operations but advises caution to shareholders and potential investors.