DA SEN HLDGS (01580) terminates placing agreement

DA SEN HLDGS (01580) announced that, in relation to the placing of up to approximately 219 million placing shares under a general mandate, given the unstable market conditions, the placing agent and the Company entered into a termination agreement on October 8, 2026, whereby both parties agreed to terminate the placing agreement. Accordingly, all rights and obligations of the parties under the placing agreement have ceased to be effective from October 8, 2026. The Board considers that the termination of the placing agreement and the placing contemplated thereunder will not have a material adverse impact on the financial position and operations of the Group. The Company may consider undertaking alternative fundraising activities after taking into account the Group's future development and market conditions.