STERLING GP (01825) announced that on December 29, 2025 (after trading hours on the Stock Exchange), the company entered into a placement agreement with a placing agent. Under this agreement, the placing agent (acting as the company's agent) conditionally agreed to use its best efforts to procure no fewer than six placees, who along with their ultimate beneficial owners must be independent third parties, to subscribe for up to 69.12 million placement shares at a price of HK$0.10 per share. The placement shares represent (a) 20% of the total existing issued share capital as of the date of this announcement; and (b) approximately 16.7% of the total issued share capital as enlarged by the allotment and issue of the placement shares (assuming no change in the total issued share capital from the date of this announcement to the completion date, save for the issuance of the placement shares). The placement price is set at HK$0.10 per share, which represents a premium of approximately 7.5% compared to (i) the closing price of HK$0.093 per share as quoted on the Stock Exchange on December 29, 2025. Upon completion, the gross proceeds from the placement are expected to amount to approximately HK$6.91 million. The net proceeds from the placement (after deducting placing commissions and other related expenses, including but not limited to professional fees) are estimated to be approximately HK$6.77 million, equivalent to a net issue price of approximately HK$0.098 per placement share. The company intends to allocate the entire net proceeds of approximately HK$6.77 million from the placement for general working capital purposes.