HAO TIAN INTL (01341) intends to offer a discount of approximately 7.41% for the subscription of 1.6 billion shares of price shares in PCL.

HAO TIAN INTL (01341) announced that on September 17, 2025, the company entered into a subscription agreement with PCL, under which the company intends to subscribe for HK$400 million worth of subscription shares (850 shares of PCL), to be settled by issuing 1.6 billion consideration shares to PCL (or its nominee) pursuant to the general mandate. The issue price of the consideration shares is HK$0.25 per share, representing a discount of approximately 7.41% from the closing price of HK$0.270 per share on that day. It is understood that PCL is an indirect non-wholly owned subsidiary of PLANETREE INT'L (00613). PCL is a holding company of all SFC licensed corporations (including those engaged in Type 1 (dealing in securities), Type 2 (futures contracts trading), Type 3 (leveraged foreign exchange trading), Type 4 (advising on securities), Type 5 (advising on futures contracts), Type 6 (advising on corporate finance), Type 7 (providing automated trading services), Type 8 (securities margin financing), and Type 9 (asset management) regulated activities). Given PCL Group's expertise, resources, and market network in the financial services industry, it is believed that the subscription would be beneficial for the further development of the company's financial services. In addition, the subscription will enable the company to form a strategic alliance with PCL, creating synergies in the sharing of expertise and resources in the financial services industry, such as identifying and implementing projects of mutual interest, exchanging and referring business opportunities, and sharing market intelligence to facilitate the development and risk management of both parties' businesses. The subscription will also help enhance the company's net asset value per share. The directors believe that this strategic investment will provide the company with more market opportunities and drive long-term sustainable growth.