IMAGI INT'L (00585) subsidiary IFGL receives subscription of HK$177 million for subscribed shares from ACESO LIFE SCI (00474).

IMAGI INT'L (00585) announced that on January 30, 2026 (after trading hours), IFGL (a direct non-wholly owned subsidiary of the Company) entered into a subscription agreement with ACESO LIFE SCI Group Limited (00474), whereby IFGL conditionally agreed to issue and allot and the subscriber conditionally agreed to subscribe for subscription shares at a total subscription price of HK$177 million. The subscriber will pay for 1.476 billion subscription shares at HK$0.12 per share to be issued and allotted to IFGL (or its nominee) upon completion. Upon completion, the Company's equity interest in IFGL will be diluted from 98.69% to approximately 79.21%. IFGL will remain a subsidiary of the Company, and IFGL's financial performance will continue to be consolidated in the Group's financial statements. The subscriber will have an equity interest of approximately 19.74% in IFGL. As of the date of this announcement, the Group does not hold any equity interest in the subscriber. The subscription shares represent approximately 20% of the subscriber's existing issued share capital as of the date of this announcement. After the issuance and allotment of the subscription shares, the Group will have an equity interest of approximately 16.67% in the enlarged issued share capital of the subscriber (assuming no change in the subscriber's issued share capital from the date of this announcement to the completion date). Therefore, the Group will become a significant shareholder of the subscriber after completion.