PACIFIC LEGEND (08547): General authorization for placement of new shares is invalid.

Financial news app Zhitong reported that PACIFIC LEGEND (08547) announced that due to the preconditions set in the subscription agreement not being met by September 18, 2025, the subscription agreement has become invalid and the subscription will not proceed. The subscription agent and company's responsibilities under the subscription agreement will be terminated, and no party shall make any claims against the other party regarding the subscription agreement.