Million Stars agrees to raise HKD 40.3 million through share subscriptions

• Million Stars Holdings signed agreements on October 26, 2026, to issue 24,000,000 new ordinary shares for approximately HKD 40.3 million.
• The HKD 1.68 subscription price represents a 25.3% discount to the last closing price; net proceeds are approximately HKD 38.3 million.
• Completion of all subscriptions would raise Invengo Technology's combined stake with concert parties to 43.1% from 23.6%.
• Invengo Technology's subscription would trigger a conditional mandatory cash offer at HKD 1.68 per share, regardless of whether other subscriptions close.
• The subscriptions require independent shareholder approval; the offer requires acceptances taking the offeror and concert parties above 50% of voting rights.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Million Stars Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261026-12383750), on October 26, 2026, and is solely responsible for the information contained therein.