First Service Holding clarifies IPO proceeds reallocation, lifts market expansion pool to HK$ 40 million

• First Service Holding issued a supplemental clarification on its July 17, 2026 proceeds reallocation from the 2020 Hong Kong listing.
• Unutilized proceeds for acquisitions or market expansion rose to HK$40 million, following a HK$34.3 million reallocation; target use by end-2029.
• Revised allocation for that bucket increased to HK$251.4 million from HK$217.1 million; HK$211.4 million had been used, leaving HK$40 million.
• HK$28.9 million was shifted to general business operations and working capital, lifting that allocation to HK$86 million; HK$28.9 million remained unspent.
• Board framed the changes as a refinement of the 2023 plan, citing weaker acquisition opportunities, slower sector growth, tighter competition, and technology project reassessment.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Service Holding Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260812-12281931), on August 12, 2026, and is solely responsible for the information contained therein.