Sandmartin International (00482) announced that as of 4:00 PM on Thursday, April 23, 2026 (the final acceptance deadline), the company had received a total of five valid applications and acceptances under the provisional allotment letters, covering approximately 55.45 million rights issue shares. This represents about 45.07% of the total shares offered under the rights issue. As a result, the rights issue was undersubscribed by approximately 67.59 million shares, accounting for about 54.93% of the total shares offered. These shares will be subject to a compensatory arrangement.