FEG Holdings Corporation Limited announced a proposed rights issue on the basis of one Rights Share for every two shares held on the 28 April 2026 record date. The subscription price is set at HK$0.214 per Rights Share, with payment due by 4:00 p.m. on 22 May 2026.

The offer will proceed on a non-underwritten basis. Should the issue be undersubscribed, untaken shares—together with any Rights attributable to non-qualifying shareholders—will be placed with independent investors under compensatory arrangements. Any Rights Shares that remain unplaced will simply not be issued, resulting in a reduced offering size. No minimum fund-raising amount has been stipulated.

Key dates include trading in nil-paid Rights Shares from 12 May 2026 to 19 May 2026, final acceptance and payment on 22 May 2026, and the deadline for fulfilment of all conditions at 4:30 p.m. on 3 June 2026. Fully-paid Rights Shares are expected to be listed and certificates dispatched on 10 June 2026.

The new shares will rank pari passu with existing shares, entitling holders to all future dividends and distributions declared after allotment. No excess application mechanism is provided, and fractional entitlements will be aggregated, sold on the market if a premium is achievable, or cancelled if unsold.

Shareholders are reminded that dealings in Shares have been on an ex-rights basis since 20 April 2026 and that trading in nil-paid Rights Shares carries the risk the Rights Issue may not become unconditional.