Palinda Group proposes 1-for-50 share consolidation in capital reorganization plan

• Palinda outlined a capital reorganization featuring a 50-to-1 share consolidation, followed by a capital reduction cutting par value to HK$0.001.
• Authorized but unissued consolidated shares would be subdivided into 5,000 new shares, leaving shareholder rights unchanged.
• Issued shares would fall to 38,155,965 from 1,907,798,274, assuming no share-count changes before the effective date.
• Credit of about HK$190.7 million from the capital reduction would move to distributable reserves.
• Capital reorganization targeted to take effect at 9:00 a.m. on Oct. 2, 2026, subject to shareholder approval.

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. Palinda Group Holdings 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-20260814-12285299), on August 14, 2026, and is solely responsible for the information contained therein.