---
title: "Jakota Capital Redirects Placing Proceeds to Repay New Short-Term Loan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286280554.md"
description: "Jakota Capital (Holding) Group has revised its allocation of HK$34 million raised from a recent share placing. The company will now use HK$7.9 million, originally for bond repayment, to settle a new HK$7.8 million loan at 7% interest due in June 2026. This adjustment aims to optimize its debt profile and manage short-term financing, with remaining allocations of HK$16 million for existing loan repayment, HK$6.1 million for bond repayment, and HK$4 million for working capital. This strategic shift may impact liquidity and interest cost management."
datetime: "2026-05-13T14:08:35.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286280554.md)
  - [en](https://longbridge.com/en/news/286280554.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286280554.md)
generator: "portal-rs"
---

# Jakota Capital Redirects Placing Proceeds to Repay New Short-Term Loan

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Kingkey Financial International (Holdings) Ltd. ( (HK:1468) ) has issued an announcement.

Jakota Capital (Holding) Group has revised its use of the HK$34 million in net proceeds raised from a recent share placing, originally earmarked mainly for repaying an existing loan and bonds and for working capital to support its securities business. The company now plans to reallocate about HK$7.9 million, previously designated for bond repayment, to fully settle a new HK$7.8 million loan bearing 7% annual interest that matures in June 2026, reflecting an effort to optimize its debt profile and manage short-term financing obligations.

Following the change, the planned allocations stand at HK$16 million for repayment of the existing loan, HK$6.1 million for bond repayment, and HK$4 million for working capital, with the reallocated HK$7.9 million applied to the new loan and thus no remaining balance shown for that item after repayment. This adjustment signals a tactical shift in the company’s capital deployment to address nearer-term liabilities while maintaining resources to support its core operations and securities activities, which may influence its liquidity position and interest cost management in the short run.

**More about Kingkey Financial International (Holdings) Ltd.**

Jakota Capital (Holding) Group, formerly known as Kingkey Financial International (Holdings) Ltd., operates in the financial services sector and is listed in Hong Kong. The group focuses on securities-related activities and broader capital markets operations, using external financing and working capital to support its ongoing business and debt management.

**Average Trading Volume:** 4,977,352

**Technical Sentiment Signal:** Strong Sell

**Current Market Cap:** HK$130.3M

For an in-depth examination of 1468 stock, go to TipRanks’ Overview page.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**