<p>IDT INT'L (00167.HK) announced the placement of up to 86,666,400 new shares, equivalent to 16.67% of the enlarged share capital; the placement price is HKD 1.88, representing a discount of 19.66% compared to the last trading day (13th). The total fundraising amount is HKD 163 million, with a net amount of HKD 161 million intended for future investments and general working capital</p>

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<p>IDT INT'L announced the placement of up to 86,666,400 new shares, equivalent to 16.67% of the enlarged share capital; the placement price is HKD 1.88, representing a discount of 19.66% compared to the last trading day (13th). The total fundraising amount is HKD 163 million, with a net amount of HKD 161 million intended for future investments and general working capital</p>

IDT INT'L offered a discount of 19.66% on the placement to raise HKD 163 million