HOME CONTROL (01747) announced that on November 18, 2025 (before the trading session), the company entered into a placement agreement with a placement agent. The company has appointed the placement agent, which has conditionally agreed to use its best efforts to procure no fewer than six placees to subscribe for up to 28.424 million placement shares at a price of HK$3.80 per share.

The placement shares represent approximately 5.31% of the company's enlarged issued share capital. The placement price of HK$3.80 per share represents a discount of approximately 18.98% to the closing price of HK$4.69 per share on November 17, 2025.

Assuming all placement shares are fully subscribed, the gross proceeds from the placement are expected to be approximately HK$108 million, with net proceeds estimated at around HK$106 million. On this basis, the net placement price per share would be approximately HK$3.74.