SMART DIGI TECH (01159) plans to offer a discount of about 10% for the sale of up to 28.3 million shares, with a net fundraising of approximately HK$49.9 million.

SMART DIGI TECH (01159) announced that on June 2, 2026 (after trading hours), the company entered into a placement agreement with the placing agent. In accordance with this agreement, the company appointed the placing agent (as the company's exclusive agent) to use best efforts to arrange for the placement of up to 28.3 million shares at a price of HK$1.80 per share to not less than six placees. The placement price of HK$1.80 per share represents a discount of approximately 10.00% to the closing market price of HK$2.00 per share on the date of the placement agreement on the Stock Exchange. Assuming full subscription of the placing shares, the maximum of 28.3 million placing shares would represent approximately 19.95% of the total issued shares of the company as of the announcement date of this announcement, and approximately 16.63% of the enlarged issued shares of the company after full subscription and placement (assuming that there have been no changes in the issued shares of the company from the announcement date to the completion date). Upon completion of the placement, assuming all the placing shares are successfully placed by the placing agent, the total proceeds from the placement are estimated to be approximately HK$50.9 million, with an estimated net proceeds of approximately HK$49.9 million (after deduction of any placement commissions, professional fees, and all related expenses that may be borne by the company). The company intends to use the net proceeds for developing new business opportunities and for general working capital.