IDT INT‘L拟折让约19.66%配售8666.64万股配售股份，净筹约1.61亿港元

Core Viewpoint - IDT International (00167) has announced a placement agreement to issue up to 86.6664 million shares at a price of HKD 1.88 per share, representing a discount to the market price, aimed at raising approximately HKD 163 million for future investments and operational funding [1][2] Group 1: Placement Details - The placement involves a maximum of 86.6664 million shares, which accounts for approximately 20.00% of the existing issued shares as of the announcement date and about 16.67% of the total issued shares post-placement [1] - The placement price of HKD 1.88 per share reflects a discount of approximately 19.66% to the closing price of HKD 2.34 on the placement agreement date and a discount of about 12.23% to the average closing price of HKD 2.142 over the last five trading days prior to the agreement [1] Group 2: Use of Proceeds - The estimated net proceeds from the placement, after deducting related expenses, are approximately HKD 161 million, with a net issue price of about HKD 1.85 per share [1] - The company plans to allocate approximately HKD 80.35 million (50.0% of net proceeds) for potential future investments related to its existing business and strategic opportunities aimed at enhancing shareholder value, although specific investment targets have not yet been determined [2] - The remaining HKD 80.35 million (50.0% of net proceeds) will be used to supplement the company's general working capital, including settling payables, funding new product design and development, and covering indirect costs such as employee expenses and administrative overheads [1][2]