JIMU GROUP (08187) proposes to place up to 30,336,800 shares at a discount of approximately 8.33%, aiming to raise a net proceeds of approximately HK$16.1 million.

JIMU GROUP (08187) announced that on September 23, 2026, the Company entered into a placing agreement with the placing agent. The Company intends to place, through the placing agent, a maximum of 30,336,800 placing shares to not fewer than six placees at a placing price of HK$0.55 per placing share. The placing shares represent approximately 16.67% of the total number of issued shares of the Company as enlarged by the full allotment and issue of the placing shares. The placing price of HK$0.55 per placing share represents a discount of approximately 8.33% to the closing price of HK$0.6 per share as quoted on the Stock Exchange on the date of the placing agreement. Assuming all the placing shares are successfully placed by the placing agent, the maximum net proceeds from the placing are estimated to be approximately HK$16.1 million. The Company intends to apply approximately HK$3 million of the net proceeds from the placing (representing approximately 18.6% of the net proceeds) for repayment of loans; and approximately HK$13.1 million (representing approximately 81.4% of the net proceeds) as general working capital of the Group.