JOLIMARK (02028): Controlling Shareholder Completes Placing

JOLIMARK (02028) announces that the Placing was completed on September 24, 2026, pursuant to which 129 million Shares of the Company were placed on September 15, 2026, 141 million Shares of the Company were placed on September 21, 2026, and 141 million Shares of the Company were placed on September 24, 2026. Pursuant to the terms and conditions of the Placing Agreement, the Placing Agent has in aggregate placed 411 million Shares in the existing issued share capital of the Company, representing approximately 47.85% of the total issued share capital of the Company. The Placing has been completed. Upon completion of the Placing by the controlling shareholder, the Vendor holds 34,333,500 Shares of the Company, representing approximately 4% of the existing issued share capital of the Company. As at the date of this announcement, the Vendor has ceased to be the controlling shareholder and a substantial shareholder of the Company.