MIN FU INTL (08511) announced that on September 19, 2025, the company entered into a placement agreement with a placing agent. Under the agreement, the placing agent has agreed to act as the placing agent to procure placees to subscribe for bonds in cash during the placement period on a best efforts basis, with a maximum principal amount of HK$60 million.

Assuming the bonds are fully placed, the maximum gross proceeds from the bond placement will amount to HK$60 million. The board of directors intends to utilize the net proceeds from the bond placement (after deducting fees, costs and expenses) for the following purposes:

- Funding for potential transaction considerations and/or other acquisition and investment opportunities that the group may identify from time to time when opportunities arise; - Providing funding for working capital requirements of the smart manufacturing solutions business and agri-food technology and sales business; and - Supplementing the company's general working capital.