SHIN HWA WORLD (00582) announced that as of 4:00 PM on October 24, 2025 (the deadline for accepting and paying for rights shares and applying for additional rights shares): (i) Valid acceptances were received for 19 provisional allotment letters, covering a total of 503 million rights shares, representing approximately 27.58% of the 1.826 billion rights shares offered under the rights issue. (ii) Valid applications were received for 15 additional application forms, involving 1.3897 billion rights shares, accounting for about 76.12% of the total 1.826 billion rights shares offered.

Combined, 34 valid acceptances and applications for 1.893 billion rights shares were approved, representing an oversubscription of approximately 103.69% relative to the total 1.826 billion rights shares offered.

All conditions set out in the rights issue prospectus have been fulfilled, and the rights issue became unconditional at 5:00 PM on October 27, 2025. The gross proceeds from the rights issue amount to approximately HKD 182.6 million, with net proceeds expected to be around HKD 179 million.