Crown International Corporation Limited (727) announced the completion of a rights issue on the basis of three rights shares for every one share held. According to the announcement, the offering involved up to 953.88 million rights shares, and all conditions set out in the prospectus were satisfied. The rights issue became unconditional on 13 February 2026.

At the close of acceptance on 12 February 2026, valid acceptances reached approximately 36.70% of the total offered rights shares, and valid excess applications represented around 66.00%. In total, 19 valid submissions requested 979.14 million shares, resulting in an oversubscription rate of 102.70%. This amounted to an excess of 25.26 million shares, or about 2.70% more than the maximum offered. Because the available excess shares were insufficient to fulfill all requests, allocation was handled according to the pro-rata principle outlined in the prospectus, without triggering any scale-down mechanism.

The announcement indicated gross proceeds of HK$620.00 million and net proceeds of HK$618.00 million, intended for land development as previously disclosed. Following the completion of the issue, the total share count increased from 317.96 million to 1.27 billion. The distribution of share certificates for fully paid rights shares and related refunds will begin on 25 February 2026, and dealings in fully paid rights shares on the Stock Exchange are slated to commence on 26 February 2026.