Sino-Singapore Holdings (08125) plans to discount about 14.4% and place up to 20.6821 million shares to raise about HK$7.41 million

Zhitong Finance App News, Sino-Singapore Holdings (08125) issued an announcement. On July 22, 2026 (after the trading period), the Company entered into a placement agreement with the placement agent. According to this, the placement agent has agreed to place a maximum of 20.6821 million new shares to no less than six independent contractors at an placement price of HK$0.385 per share according to the best of its ability.

Each share was placed at HK$0.385. Shares were discounted by approximately 14.4% per share at the closing price of HK$0.45 per share as reported by GEM on July 22, 2026 (the date of the placement agreement).

Placing matters are subject to approval or approval by the Stock Exchange Listing Committee for listing and trading of the placed shares before they can be implemented. If the relevant conditions have not been met, the placement will not proceed.

A maximum of 20.6821 million shares placed is equivalent to approximately 10.55% of the Company's total issued share capital of 196 million shares and approximately 9.54% of the Company's total issued share capital as of the date of this announcement.

The net proceeds from the placement are approximately HK$7.41 million (assuming that the placement shares are known and after deducting all related expenses) are intended to be used as working capital and for future investments of the Group when opportunities arise, but no specific investment targets have been determined as of the date of this announcement.