SHIN HWA WORLD (00582) announced that as of 4:00 PM on October 24, 2025 (the final deadline for accepting rights shares and paying subscription fees or applying for additional rights shares and paying fees): (i) valid acceptances were received for 19 provisional allotment letters, covering a total of 503 million rights shares, representing approximately 27.58% of the total 1.826 billion rights shares offered under the rights issue; (ii) valid applications were received for 15 additional application forms, involving a total of 1.3897 billion rights shares, accounting for about 76.12% of the total 1.826 billion rights shares offered.

Combined, 34 valid acceptances and applications covering 1.893 billion rights shares were approved, representing approximately 103.69% of the total 1.826 billion rights shares offered. All conditions set forth in the rights issue prospectus have been fulfilled, and the rights issue became unconditional at 5:00 PM on October 27, 2025.

The gross proceeds from the rights issue amounted to approximately HKD 182.6 million, with estimated net proceeds of around HKD 179 million.