NUR HOLDINGS (00254) plans to issue a total of 112 million subscription shares.

NUR Holdings (00254) announced that on May of 2026, the company has entered into three separate conditional subscription agreements with three subscribers (Zheng Kaibin, Meng Lufang, and Fu Shanghui). According to the subscription agreements, the subscribers have conditionally agreed to subscribe. The company has conditionally agreed to issue and issue a total of 112 million subscription shares at a subscription price of HK$0.77 per share. The 112 million shares to be issued and issued to the subscribers represent approximately 19.87% of the total number of shares issued as of the date of this announcement; and approximately 16.57% of the total number of shares issued after the issuance and distribution of all subscription shares (assuming no change in the total number of shares issued before the completion date). The total amount of proceeds from the subscription will be HK$86.24 million, with a net amount of HK$86.14 million. The company intends to use approximately 40% of the net proceeds for trading activities, including but not limited to trading of frozen or fresh products; approximately 40% for investment activities when opportunities arise; and approximately 20% for general operating funds to strengthen the company's financial position.