FORGAME (00484) subsidiary obtained the license approval for carrying out regulated activities of category 4 and category 9.

FORGAME (00484) announced that its indirect wholly-owned subsidiary, Foga Investment Limited (Foga Investment), has submitted a license application to the Hong Kong Securities and Futures Commission to conduct regulated activities under Type 4 (advising on securities) and Type 9 (asset management) of the Securities and Futures Ordinance. On September 13, 2024, Foga Investment received approval from the Securities and Futures Commission for the aforementioned license application, subject to certain licensing conditions. These conditions include restrictions on holding client assets (as defined in the Securities and Futures Ordinance) and providing services only to professional investors (as defined in the Securities and Futures Ordinance and its subsidiary legislation). Upon obtaining the license, Foga Investment will be able to provide regulated financial services to professional investors, expanding the group's business scope in line with its diversified business development strategy and aligning with the best interests of the company and its shareholders. The Board believes that obtaining the license will help in developing the group's financial services business and ensuring stable income.