Fantasia Holdings shareholders pass resolutions on share consolidation, new issuances, debt instruments

• Extraordinary general meeting held on May 15, 2026.
• Shareholders adopted resolutions backing a recapitalization package, including issuance of 5,143,723,515 Scheme Creditor Shares at HKD 1.52 per share.
• Approval also covered issuance of MCB in principal amount of USD 501.18 million with MCB Conversion Price of HKD 1.52 per new Existing Share, issuance of STN in principal amount of USD 632.47 million, issuance of LTN in principal amount of USD 809.6 million.
• Resolutions were passed to issue 1,537,826,767 Scheme Fee Shares at HKD 0.1 per share, issue 4,376,483,544 Capitalisation Shares at HKD 0.3 per share, increase authorized share capital to HKD 3 billion, and implement a 1-for-5 share consolidation.
• Votes authorized the transactions only; announcement did not confirm completion of any share issuance, debt instrument issuance, or the share consolidation.

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. Fantasia Holdings Group Co. 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-20260515-12160745), on May 15, 2026, and is solely responsible for the information contained therein.