---
title: "ITC PROPERTIES terminates the agreement to place 130 million new shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/281385129.md"
description: "ITC PROPERTIES announced that it has entered into a termination agreement with its major shareholder RL, and the agreement regarding the placement of new shares and warrants has been terminated. The company originally planned to place 130 million shares and 180 million warrants to raise a net amount of HKD 163 million"
datetime: "2026-04-01T14:14:21.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/281385129.md)
  - [en](https://longbridge.com/en/news/281385129.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/281385129.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/281385129.md) | [繁體中文](https://longbridge.com/zh-HK/news/281385129.md)


# ITC PROPERTIES terminates the agreement to place 130 million new shares

ITC PROPERTIES (00199.HK) announced the termination of the agreement with major shareholder RL regarding the placement of new shares and warrants. The company originally planned to place 130 million shares and 180 million warrants to raise a net amount of HKD 163 million

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