SILKWAVE INC (00471): Oversubscription rate of 4.68% for the rights issue.

SILKWAVE INC (00471) announced that the rights issue will become unconditional on February 3, 2026 (Tuesday), with the deadline for acceptance being 4:00 pm on February 23, 2026 (Monday). A total of 4 valid acceptances for a total of 255 million shares of the rights issue shares have been received, representing approximately 70.90% of the total number of 359.8 million shares available for subscription under the rights issue. Additionally, a total of 4 valid acceptances for an additional 122 million shares of the rights issue shares have been received, representing approximately 33.78% of the total number of rights issue shares available for subscription. A total of 8 valid acceptances and applications for 377 million shares of the rights issue shares have been received, representing approximately 104.68% of the maximum number of 359.8 million shares of rights issue shares offered for subscription. Based on the above results, there is an oversubscription of 16.85 million shares of rights issue shares, representing approximately 4.68% of the maximum number of 359.8 million shares of rights issue shares offered for subscription. The net proceeds from the rights issue are approximately HK$162 million.