MACAU LEGEND (01680) plans to carry out a capital restructuring.

MACAU LEGEND (01680) announced that the company plans to undertake a capital restructuring in order to meet certain legal and procedural requirements under the laws of the Cayman Islands for the implementation of a proposed rights issue. The capital restructuring aims to optimize the company's capital structure and provide flexibility for future corporate actions. Due to the need for additional time to complete the proposed capital restructuring, the expected timetable for the rights issue will be adjusted accordingly, and a supplemental agreement to the underwriting agreement has been entered into to reflect the capital restructuring and the revised timetable. The company hereby emphasizes that despite the updated action plan for the capital restructuring and the corresponding adjustment to the expected timetable, the company or the joint underwriters have not changed their intention to proceed with the rights issue. Under the capital restructuring, the company intends to deregister in the Cayman Islands and, under Bermuda law, continue its existence as an exempted company, changing its place of registration from the Cayman Islands to Bermuda. This implementation will not affect the company's existence or its listing status on the Stock Exchange. Upon the effectiveness of the change in place of registration, the company will reduce its share capital, resulting in a reduction of its issued share capital from a nominal or par value of HK$1.00 per share to HK$0.01 per share.