OKURA HOLDINGS (01655) completed the issuance of a total of 3.519,600 placement shares to raise approximately HK$6.1 million

According to Zhitong Finance App, OKURA HOLDINGS (01655) announced that all the prerequisites contained in the placement agreement have been fulfilled, and the completion of the placement occurred on December 12, 2025. A total of 350,196 million placed shares (equivalent to approximately 5.51% of the total issued share capital of the company expanded by allocating and issuing placement shares) have been successfully placed to no less than six undertakers at an adjusted placement price of HK$0.196 per share.

After deducting placement commissions payable to pre-placing agents and other costs and expenses arising from the placement, the total net proceeds from the placement transactions are approximately HK$6.1 million. The Company intends to use the net proceeds of the placement of approximately HK$3.05 million (or 50%) and HK$1.83 million (or 30%) respectively to (a) purchase Japanese pachinko machines and Japanese slot machines; and (b) refurbish or enhance the Group's existing Japanese pachinko game arcades and marketing expenses, while the remaining approximately HK$1.22 million (or 20%) will be used for the Group's other general working capital.