<p>DAIDO GROUP (00544.HK) announced that it will issue a total of 10 million new shares to three independent third parties, equivalent to an enlarged share capital of 22.31%, and will seek special authorization from shareholders; the price per share is HKD 2, representing a discount of 2.44% compared to the last trading day (31st). The total amount raised is HKD 20 million, with a net amount of HKD 19.72 million, intended for debt repayment; allocation for working capital; and potential new business opportunities</p>

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<p>DAIDO GROUP announced that it will issue a total of 10 million new shares to three independent third parties, equivalent to an increase of 22.31% in the enlarged share capital, and will seek special authorization from shareholders; the price per share is HKD 2, representing a discount of 2.44% compared to the last trading day (31st). The total amount raised is HKD 20 million, with a net amount of HKD 19.72 million intended for debt repayment; allocation for working capital; and potential new business opportunities</p>

DAIDO GROUP issues new shares at a discount of 2.44%, raising HKD 20 million