CENTRALCHINA MT(09982) plans to issue 773 million shares of subscription shares.

CENTRALCHINA MT (09982) announced that on June 18, 2026, the company entered into a subscription agreement with subscribers (Star Bliss Investment Limited and Regulus Culture Limited). The subscribers have conditionally agreed to subscribe, and the company has conditionally agreed to issue a total of 773 million shares of subscription shares at a subscription price of HK$0.09 per share. The total amount of proceeds from the subscription is HK$69.57 million, and the net proceeds of the subscription (after deducting related expenses incurred by the company) will be HK$69.20 million, equivalent to a net subscription price of HK$0.09 per share. The company has been actively monitoring structural opportunities within the industry, and exploring cooperation with asset management companies and local distressed asset relief funds to leverage synergies, provide comprehensive solutions for distressed assets and distressed projects, and develop professional capabilities in distressed project management. Therefore, the subscription by Subscriber A is a strategic move, promoting cooperation between the group's real estate construction expertise and Subscriber A's experience and sourcing capabilities in distressed assets, facilitating mutual benefits. Through this potential strategic partnership, the group can gain more access to opportunities in distressed projects in China and Hong Kong, enhancing its ability to provide value-added restructuring and revitalization services. The funds raised from the subscription will support the expansion of the group's distressed real estate construction business and investment in technological innovation to improve the efficiency and productivity of its real estate construction services. Therefore, the investment from the subscription will strengthen the group's competitive position, diversify its sources of income, and drive long-term sustainable growth. It also demonstrates the subscriber's confidence in the group's future development and prospects. The directors believe that the subscription will strengthen the group's capital base and enhance its financial flexibility to support its business development. The subscription also provides valuable opportunities to further enhance the group's overall financial position.