Kwan On Holdings Limited (stock code: 1559) released a provisional allotment letter regarding a rights issue on a 1-for-2 basis at a subscription price of HK$0.07 per rights share. The record date was Friday, 13 February 2026, and acceptances with full payment must be submitted by 4:00 p.m. on Thursday, 5 March 2026. According to the document, dealings in the shares on an ex-rights basis began on Thursday, 5 February 2026.

The provisional allotment letter outlines that the nil-paid rights shares will be traded from Monday, 23 February 2026, to Monday, 2 March 2026 (both dates inclusive). The rights issue is non-underwritten, and if relevant conditions are not fulfilled by 4:00 p.m. on Friday, 6 March 2026 (or such later date as determined), it will not proceed.

Kwan On Holdings Limited highlighted that fractional entitlements will not be provisionally allotted, and shareholders may also apply for excess rights shares. The document further explains that no action has been taken outside Hong Kong to permit the offering of these nil-paid or fully paid rights shares. The company reminds shareholders to pay close attention to all procedures and conditions set out in the official announcement and related application forms.