Cocoon Holdings announced the completion of its new-share placement on 9 June 2026, issuing 25.71 million shares at HK$0.200 each under its general mandate. The transaction raised net proceeds of approximately HK$5.00 million after related costs.

Use of Proceeds • About HK$4.00 million (80% of net proceeds) is earmarked for investments in listed and unlisted securities. • The remaining HK$1.00 million (20%) will support general working-capital needs, including staff salaries, office leases and professional fees.

Share Capital Impact • Issued shares increased from 128.55 million to 154.26 million, representing a 20.00% expansion. • Largest shareholder YU Po Kwan’s stake diluted from 19.83% to 16.53%. • No placee—each classified as an independent third party—became a substantial shareholder.

Placement Details • Total shares placed: 25.71 million. • Placement price: HK$0.200 per share, implying gross proceeds of HK$5.14 million. • Participants: not fewer than six institutional, corporate or individual investors.

Governance Note The board now comprises two executive directors—Chau Wai Hing (Chairman) and Wu Ming Gai—and three independent non-executive directors: Leung Yin Ting, Dr. Wong Sze Lok, and Lin Hsiu Mei.

Completion of this fundraising exercise enhances Cocoon Holdings’ capital base while diversifying its shareholder structure and providing funds for investment and operating liquidity.