V&V Technology proposes 1-for-2 rights issue at HK$ 0.45 per share

• V & V Technology proposed non-underwritten rights issue of up to 72,681,155 shares on basis of 1 rights share for every 2 shares held on record date 24 June 2026.
• Subscription price set at HK$ 0.45 per rights share; gross proceeds expected up to HK$ 32.7 million, net proceeds up to HK$ 31.9 million if fully subscribed.
• Nil-paid rights expected to start trading 29 June 2026; acceptance deadline set for 4:00 p.m. on 10 July 2026.
• Controlling holders SAS Investment and Dr. Yim undertook to subscribe for 49,432,652 rights shares, subject to scaling down to maintain 25% public float.
• Net proceeds earmarked mainly for IDH solution expansion, bank debt repayment, working capital.

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. V & V Technology Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260513-12158156), on May 13, 2026, and is solely responsible for the information contained therein.