VC Holdings (00821) announced that all conditions outlined in the rights issue prospectus have been met, and the rights issue became unconditional on October 13, 2025 (Monday). As of the deadline for acceptance at 4:00 PM on October 10, 2025 (Friday), a total of 15 provisional allotment notices were received, leading to valid acceptances involving 43.7916 million rights shares, which represents approximately 8.85% of the total rights shares available for subscription of 495 million shares; additionally, valid applications for extra rights shares were received through 14 additional application forms, amounting to 4.9933 million rights shares, or about 1.01% of the total available rights shares.

In total, 29 valid acceptances and applications were received, involving 48.7849 million rights shares, which is approximately 9.86% of the total rights shares available for subscription. The total proceeds from the rights issue are approximately HKD 21.9532 million.

Based on the above results, there are still 446 million rights shares remaining unsubscribed, which corresponds to about 90.14% of the total rights shares available for subscription.