According to the latest data from the Hong Kong Stock Exchange, on January 9, a shareholder of PROSP GP INTL (01421) transferred shares from China Galaxy Securities Hong Kong to Rifa Securities, with a transfer value of HK$5.4846 million, accounting for 7.39% of the holding. PROSP GP INTL announced that on January 6, 2026, the company entered into a placement agreement with a placing agent, whereby the agent conditionally agreed, on a best-efforts basis, to act as the company's agent to procure no fewer than six placees to subscribe for up to 33.365 million placement shares at a price of HK$0.34 per share. The placement shares represent approximately 16.67% of the total issued share capital as enlarged by the issue and allotment of the placement shares. The placement price of HK$0.34 per share represents a discount of approximately 19.05% to the closing price of HK$0.42 per share on the date of the placement agreement. Assuming the placement shares are fully subscribed, the gross proceeds from the placement will be approximately HK$11.34 million, while the net proceeds are expected to be around HK$10.54 million, implying a net issue price of approximately HK$0.32 per placement share. The company intends to use the entire net proceeds from the placement for the group's general working capital purposes.