FEG Holdings Corporation Limited (FEG Holdings) has disclosed that its ongoing one-for-two Rights Issue attracted valid applications for 83.63 million shares as of the 22 May 2026 deadline. The subscription rate represents approximately 51.0% of the 164.00 million Rights Shares on offer.

A balance of 80.37 million Unsubscribed Rights Shares (49.0% of the issue) will be dealt with under compensatory arrangements. Between 28 May and 1 June 2026, the appointed placing agent will seek independent investors on a best-effort basis. Any premium realised above the subscription price will be distributed pro rata to shareholders whose entitlements were not taken up, subject to a HK$100 minimum payment threshold; smaller sums will be retained by the company.

The board confirmed that no Non-Qualifying Shareholders were identified, eliminating the need to manage NQS Unsold Rights Shares. Should any Unsubscribed Rights Shares remain unplaced, the size of the Rights Issue will be reduced accordingly.

A results announcement covering final subscription data, placement outcomes, and net gain per share is scheduled for 9 June 2026. The Rights Issue remains conditional on Hong Kong Stock Exchange approvals and other listed prerequisites; if conditions are not fully met, the transaction may not proceed.

The company reiterates that the Rights Issue is non-underwritten, and shareholders who forgo their entitlements risk dilution proportional to the final issue size. Investors are advised to exercise caution when dealing in FEG Holdings’ securities until all conditions are fulfilled.