Value Convergence plans placing of 65,856,000 shares at HK$ 0.218 each

• Value Convergence struck a share placing to issue up to 65,856,000 new shares at HK$ 0.218 each under its general mandate.
• Deal size up to HK$ 14.4 million gross; about HK$ 14 million net, implying a 19.26% discount to the HK$ 0.27 close.
• New shares equal 19.99% of issued capital, falling to 16.66% of the enlarged share count if fully placed.
• Proceeds earmarked for working capital of about HK$ 10 million; debt repayment of about HK$ 4 million.
• Placement runs through June 26, 2026; closing targeted by July 6, 2026, subject to listing approval and other conditions.

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. Value Convergence 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-20260612-12201369), on June 12, 2026, and is solely responsible for the information contained therein.