WAN LEADER (08482) announced on October 21, 2025, that it intends to place up to 29.94 million new shares, representing approximately 16.67% of the total issued shares after the placement. The placement price is set at HKD 0.103 per share, reflecting a discount of about 16.26% compared to the closing price of HKD 0.123 per share on October 21. If all placement shares are successfully allocated by the placement agent, the total estimated gross proceeds from the placement would be approximately HKD 3.08 million, with the net proceeds estimated at around HKD 2.87 million. The company plans to use the net proceeds to repay loans and to replenish the Group's working capital.