FEG Holdings (01413) announced that on August 27, 2025, the company intends to place up to 200 million new shares to independent placees, representing approximately 14.29% of the company's enlarged total issued share capital following the placement.

The placement price is set at HK$0.063 per placement share, representing a discount of approximately 10% compared to the closing price of HK$0.07 per share on August 27. The net proceeds from the placement, approximately HK$12.1 million (assuming full placement of the shares and after deducting all related expenses), will be used for the group's general working capital.