Pa Shun International Holdings Limited has postponed the dispatch of its prospectus documents for the proposed rights issue from 5 May 2026 to 11 May 2026, requiring additional time to finalise the contents. The adjustment triggers a comprehensive revision of the offering timetable.
Key revised dates:
• Prospectus dispatch: 11 May 2026 • First day of dealings in nil-paid rights shares: 13 May 2026 • Latest time for splitting provisional allotment letters: 4:30 p.m., 15 May 2026 • Final day of dealings in nil-paid rights shares: 20 May 2026 • Latest time for acceptance and lodging transfers to qualify for any net gain: 4:00 p.m., 26 May 2026 • Announcement of unsubscribed shares subject to compensatory arrangements: 29 May 2026 • Placing period for unsubscribed shares (if any): 1 – 9 June 2026 • Latest time for termination of the placing: 4:00 p.m., 10 June 2026 • Results announcement (including net gain per unsubscribed share): 17 June 2026 • Despatch of fully-paid rights share certificates and any refund cheques: 18 June 2026 • Commencement of trading in fully-paid rights shares and start of odd-lot matching services: 22 June 2026 • Payment of net gain to relevant shareholders: 3 July 2026 • Conclusion of odd-lot matching services: 4:00 p.m., 9 July 2026
The rights issue remains conditional on fulfilment of requirements outlined in the earlier announcement, notably the Stock Exchange’s approval for the listing and dealing in both nil-paid and fully-paid rights shares. The offer is non-underwritten, meaning it will proceed regardless of the subscription level once conditions are satisfied.
Management reiterates that the transaction may not become unconditional; shareholders and investors trading the company’s securities—including nil-paid rights shares—before the conditions are met assume the risk that the rights issue could be withdrawn. Market participants are urged to exercise caution and seek professional advice where necessary.
The company will issue further announcements should there be any additional changes to the schedule. All times refer to Hong Kong local time.