Dasen Holdings (01580) terminates placing agreement

Zhito Finance APP News, Dasen Holding (01580) announced that, in relation to the placement of up to approximately 219 million placement shares under a general mandate, in view of unstable market conditions, the placing agent and the Company entered into a termination agreement on October 8, 2026, and 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 placement contemplated thereunder will not have a material adverse impact on the financial position and operations of the Group. After taking into account the future development of the Group and market conditions, the Company may consider carrying out separate fundraising activities.