FEG HOLDINGS (01413) plans to offer a discount of approximately 7.78% for the sale of up to 240 million shares, raising a net amount of approximately HK$19 million.

FEG HOLDINGS (01413) announced that on November 10, 2025, the company entered into a placement agreement with the placing agent. According to this agreement, the placing agent has agreed to place up to 240 million new shares on behalf of the company to independent placees at a price of HK$0.083 per share. The placing price of HK$0.083 per share on November 10, 2025 (date of the placement agreement) represents a discount of approximately 7.78% to the closing price of HK$0.090 per share on the Stock Exchange of Hong Kong. The maximum number of shares to be placed is 240 million shares, equivalent to approximately 14.63% of the enlarged issued share capital of the company after the placement. The net proceeds from the placement, estimated to be approximately HK$19 million (assuming full subscription of the placed shares and after deducting all related expenses), will be used for the general working capital of the group.