CHINASINOSTAR (00485) plans to issue a total of 42 million shares at a discount of approximately 6.25%, raising a net amount of approximately HK$12.35 million.

CHINASINOSTAR (00485) announced that on December 5, 2025, the company entered into a subscription agreement with Harvest Fortune Investment Limited. The subscriber has conditionally agreed to subscribe for, and the company has conditionally agreed to issue and allot a total of 42 million shares at a subscription price of HK$0.30 per share. The subscription shares represent approximately 19.73% of the company's issued share capital as of the announcement date, and approximately 16.48% of the company's enlarged issued share capital after the issuance and allotment of the subscription shares (assuming no changes in the issued share capital until completion). The total value of the subscription shares is HK$4.2 million. The subscription price of HK$0.30 per share represents a discount of approximately 6.25% to the closing market price of HK$0.32 per share on December 5, 2025 (the date of the subscription agreement), and a discount of approximately 9.09% to the average closing market price of HK$0.33 per share in the five consecutive trading days before the subscription agreement date on the Stock Exchange of Hong Kong. The total proceeds and net proceeds (after deduction of all applicable costs and expenses) from the subscription will be approximately HK$12.6 million and HK$12.35 million, respectively. The company intends to use the proceeds from the subscription for the funding requirements and cash flow of the group's property development projects.