DAIDO GROUP (00544) intends to offer a discount of approximately 2.44% on a total of 10 million subscribed shares, raising a net amount of approximately HK$19.72 million.

DAIDO GROUP (00544) announced that on October 31, 2025 (after trading hours), the company entered into a subscription agreement with a subscriber, whereby the subscriber conditionally agreed to subscribe, and the company conditionally agreed to issue and issue a total of 10 million shares of subscription shares at a subscription price of HK$2.00 per share. The subscription shares represent approximately 22.31% of the company's issued share capital after the issuance and issuance of the subscription shares. The subscription price of HK$2.00 per share represents a discount of approximately 2.44% compared to the closing price of HK$2.05 per share on the Stock Exchange on October 30, 2025 (the last trading day before the subscription agreement date). The subscription shares will be issued and issued pursuant to special authority, subject to approval by shareholders at a special meeting. The company will apply to the Stock Exchange for approval for the listing and trading of the subscription shares. The total proceeds and net proceeds from the subscription are HK$20 million and approximately HK$19.72 million, respectively. As of June 30, 2025, the Group's total liabilities exceeded its total assets by approximately HK$59.55 million. If the Group is unable to obtain sufficient funds to fulfill its obligations, this financial condition may pose a liquidity risk to the Group. The directors believe that the subscription will help reduce the Group's debt-to-asset ratio and enhance the overall financial stability of the company.