JUFEEL (08611): The rights issue has received effective acceptance of approximately 5.11%.
Nine Fortune Holdings (08611) announced that, as of the record date, (i) a total of 520 million shares will be issued under the rights offering (offering shares); and (ii) there are no ineligible shareholders, and the number of unallocated rights shares for ineligible shareholders is zero.
JUFEEL (08611) announced that as of the record date, (i) it issued 520 million rights shares (the "Offered Shares") under the rights issue; and (ii) there are no ineligible Shareholders, resulting in zero shares that went unsold by ineligible Shareholders.
As of 4:00 PM on July 30, 2026 (Thursday) (the final acceptance deadline), an effective acceptance has been received for a total of 26.5942 million rights shares, accounting for approximately 5.11% of the total Offered Shares. Consequently, there are still 493 million rights shares that have not been fully subscribed, representing about 94.89% of the total Offered Shares, which will be handled in accordance with the compensation arrangements.
According to GEM Listing Rule 10.31(1)(b), the Company has made arrangements to allocate the unsubscribed rights shares to independent underwriters for the benefit of shareholders to whom the rights shares were offered. The rights issue will not have an additional application arrangement.
As disclosed in the Articles, on February 16, 2026 (after the trading hours of the Stock Exchange), the Company entered into a placing agreement with the placing agent for the placement of unsubscribed rights shares on a best effort basis, where any premium (net proceeds) realized from the placing exceeding the following two amounts will be proportionately paid to the relevant non-participating Shareholders: (i) the subscription price of those rights shares; and (ii) the expenses of the placing agent (including any other related costs and expenses). The placing agent will, on a best effort basis, seek subscribers for all (or as many as possible) of those unsubscribed rights shares before 6:00 PM on August 19, 2026 (Wednesday). Any unsubscribed rights shares not allocated under the compensation arrangement will not be issued by the Company, and the scale of the rights issue will be correspondingly reduced.
The net proceeds (if any) will be paid proportionately (rounded down to the nearest cent) to the non-participating Shareholders (excluding interest). The distribution amount will reference the subscription rights of eligible Shareholders who did not have valid full applications and will be calculated based on the proportion of their unsubscribed shares.
It is suggested that if the net proceeds due to any of the aforementioned non-participating Shareholders exceed HKD 100, the full amount will be paid to such Shareholders, while individual amounts of HKD 100 or less will be retained by the Company.
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