OKURA HOLDINGS (01655) announced that on January 23, 2026, the company entered into a placing agreement with a placing agent. Under this agreement, the company conditionally agreed to appoint the placing agent to facilitate the subscription of up to 84.9804 million placing shares by no fewer than six placees at a placing price of HK$0.143 per share. The placing shares will be allotted and issued under the general mandate. Assuming no change in the company's issued share capital between the date of this announcement and the completion date, the maximum of 84.9804 million placing shares represents approximately 13.38% of the company's existing issued share capital as of the announcement date and about 11.80% of the enlarged issued share capital following the completion of the placing. The placing price of HK$0.143 per share represents a discount of approximately 15.88% to the closing price of HK$0.170 per share on the date of the placing agreement on the Stock Exchange. Assuming the full success of the placing, the gross proceeds are expected to be HK$12.15 million, while the net proceeds (after deducting commissions payable to the placing agent and other related costs and expenses) are estimated to be approximately HK$10.38 million. The company intends to allocate approximately 50% and 30% of the net proceeds from the placing towards the purchase of Pachinko machines and Pachislot machines, respectively; and for the refurbishment or upgrading of the group's existing Pachinko halls and marketing expenses, with the remaining approximately 20% to be used as general working capital for the group.