Reach New proposes 3-for-1 rights issue priced at HK$ 0.2 per share

• Reach New proposed a 3-for-1 rights issue at HKD 0.2 per share to raise up to HKD 44.1 million.
• Up to 220,680,000 rights shares planned, subject to shareholder approval, listing clearance, and a capital increase to 1,000,000,000 shares.
• Nil-paid rights expected to start trading Nov. 13, 2026; acceptance deadline set for Nov. 25, 2026.
• Unsubscribed rights to be placed to independent investors under compensatory arrangements; unplaced shares will not be issued.

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. Reach New 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-20260904-12322244), on September 04, 2026, and is solely responsible for the information contained therein.