Tai Kam Holdings Ltd. has announced a possible subscription and placing of shares under a specific mandate, according to a voluntary announcement made by the company. The memorandum of understanding was entered into with Blue Water Capital Management Limited as the potential subscriber and VBG Capital Limited as the placing agent. The proposed transactions are not yet binding and remain subject to the fulfillment or waiver of various conditions precedent. The company cautioned shareholders and potential investors that there is no assurance the transactions will materialize or be completed.