Pangaea Connectivity Technology Limited has entered into a connected transaction involving a subscription for shares in a target company. The consideration for Pangaea’s subscription was determined through arm’s length negotiations, taking into account the capital requirements of the target company for its expected business development and Pangaea’s proportionate shareholding interest. The target company, incorporated on 21 August 2025, had not generated any revenue and reported an unaudited loss of approximately HK$0.7 million as of 30 November 2025, with a net liability value of about HK$0.7 million. The terms of the agreement were disclosed in supplemental announcements by Pangaea Connectivity Technology Limited.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pangaea Connectivity Technology Ltd- published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260109-11986688), on January 09, 2026, and is solely responsible for the information contained therein.