Pengo Holdings Group Limited has successfully completed a significant transaction involving the subscription of registered capital in a target company, as announced on July 16, 2025. This transaction, which was initially disclosed in announcements on May 15 and July 10, 2025, results in Pengo Holdings obtaining approximately 51% control over the enlarged registered capital of the target company. Consequently, this acquisition grants Pengo Holdings control over both the target company and the associated project company, which will now be consolidated into Pengo's financial statements as indirect non-wholly owned subsidiaries. This strategic move signifies Pengo Holdings' expanding influence in the construction and real estate sectors.